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Complexity, 2021 The separation of ownership and management is a common operation mode in modern enterprises, which establishes the principal-agent relationship between modern enterprise owners and professional managers.
Liang Yuan +3 more
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Delegation of Monitoring in a Principal-Agent Relationship [PDF]
The Review of Economic Studies, 1997 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Roland Strausz
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Principal-agent Relationship and Agency Problem
Advances in Economics, Management and Political Sciences, 2023 Progressively stricter requirements of labor division have led to the blossom of the principal-agent model, where differences in objective functions between the principal and the agent, as well as information asymmetry, often hinder the principal from maximizing their utility and can result in potential harm to both parties and social welfare.
Xinyi Zhou
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Social network learning efficiency in the principal–agent relationship
Journal of Management Science and Engineering, 2023 Under the bounded rationality assumption, a principal rarely provides an optimal contract to an agent. Learning from others is one way to improve such a contract.
Chuan Ding +3 more
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Analyzing governance of a sub-national health insurance scheme for providing universal health care and better social health protection performance through the lenses of the principal-agent theory in Anambra state [PDF]
BMC Health Services ResearchBackground Health system governance plays a crucial role in the performance of health reforms. In Nigeria, recent reforms like the decentralization of social health insurance to sub-national levels, aimed at improving access to services and financial ...
Uchenna Ezenwaka, Simeon Onyemaechi
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Monitoring Cooperative Agreements in a Repeated Principal-Agent Relationship [PDF]
Econometrica, 1981 R. Radner
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Fiduciary Obligation in Principal Agent Relationship
SSRN Electronic Journal, 2005 The concept of fiduciary relations and related obligations are as ancient as that of law and jurisprudence. Fiduciary duties might be said to grow out of a variety of relationships involving one party's exercise of some measure of control. One of the major areas where Fiduciary relations are of important essence is that of Agency.
N. Samanta
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Forced compliance in the principal-agent relationship
, 2004 Cognitive dissonance and the associated reduction of dissonance may change an individual's attitudes and beliefs. In this thesis, I explore the effects of dissonance reduction in a principal-agent relationship. When agents are initially imperfectly informed about their abilities, dissonance may arise when they learn their true abilities: they may ...
Nicole Tsares
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Character of principal: Agent problem in corporate setting [PDF]
Megatrend Revija, 2023 Problems of conflict, motivation and motive are traditionally studied by social psychology and rational choice theory. One can decide whether to cooperate with others. In other case, person will act independently.
Lalević Nina
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BLOCKCHAIN IMPLEMENTATION AND PRINCIPAL-AGENT THEORY [PDF]
Business Excellence and Management, 2023 One of the biggest issues in organization in centuries is problem raised by the relationship between actor inside. This problem called principal-agent problem which explained by principal agent theory (PAT).
Ajeng Septiana WULANSARI
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