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2023
Agency theory is a concept which perceives the company as a nexus of contracts between various actors who cooperate in order to maximize firm profit. Since these actors have different goals and preference, maximizing their own utilities is likely to results in conflicts.
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Agency theory is a concept which perceives the company as a nexus of contracts between various actors who cooperate in order to maximize firm profit. Since these actors have different goals and preference, maximizing their own utilities is likely to results in conflicts.
openaire +1 more source
Agency Theory: An Assessment and Review
Academy of Management Review, 1989Kathleen M. Eisenhardt
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Agency Relationships in Family Firms: Theory and Evidence
Organization Science, 2001William S Schulze, Michael H Lubatkin
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