Multifaceted aspects of agency relationships
Agency theory has been used to examine the problem of stewardship of an agent who makes decisions on behalf of a principal who cannot observe the agent's actual effort. Effort is assumed to be personally costly to expend. Therefore, if an agent acts in his or her own interests, there may be a &...
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| Language: | English |
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University of British Columbia
2010
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| Online Access: | http://hdl.handle.net/2429/25642 |