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Agency Theory

Bibliographic Data

ID23623925
AuthorsEdward J Zajac (0000-0002-4453-7147, Northwestern University, corresponding author), Edward Zajac
Year2015
Pages1-2
Publication date2015-01-21
Open AccessYes
TypeCHAPTER
VenueWiley Encyclopedia of Management (SOURCE_BOOK)
PublisherWiley (PUBLISHER • GB)
DOI10.1002/9781118785317.weom110111
OpenAlexW4254053819
ISBN9781118785317
LanguageEN
References cited11

This theory examines the problems – and partial contractual solutions ( see Contracts) – that exist when a principal delegates Decision‐Making responsibility to an agent who is paid a fee, but whose own objectives may conflict with those of the principal.

Agency (philosophy) · Business · Computer security · Corporate governance · Economics · Epistemology · Law and economics · Mathematical economics · Political science · Principal (computer security) · Principal–agent problem · Banking stability, regulation, efficiency · Computer Science · Corporate Finance and Governance · Finance · Law, Economics, and Judicial Systems · Philosophy

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Highly citedNo

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