Results 31 to 40 of about 658,976 (287)
Limited Liability and the Trade-off between Risk and Incentives [PDF]
, 2007 everal empirical findings have challenged the traditional trade-off between risk and incentives. By combining risk aversion and limited liability in a standard principal-agent model the empirical puzzle on the positive relationship between risk and ...
Matthias Kräkel
core +9 more sources
Optimization of Mudaraba Sharia bank finance through agency theory perspective [PDF]
Banks and Bank Systems, 2018 This study aims to analyze the implementation of mudaraba financing at Sharia banks, to consider the relationship between a principal and an agent in mudaraba financing at Sharia banks, and to explore efforts to optimize the implementation of mudaraba ...
Jasmin, Moeljadi, Djumahir, Atim Djazuli
doaj +1 more source
Agency Contracts under Maximum-Entropy
Entropy, 2021 This article proposes the application of the maximum-entropy principle (MEP) to agency contracting (where a principal hires an agent to make decisions on their behalf) in situations where the principal and agent only have partial knowledge on the ...
Oscar Gutiérrez, Vicente Salas-Fumás
doaj +1 more source
Principal-agent relationships on the stewardship-agency axis
Nonprofit Management and Leadership, 2006 This article provides an overview of the literature on nonprofit principal-agent relationships. It depicts the nature of agency theory and stewardship theory, analyzes the origin of their struggle within the nonprofit structure, and marks directions for a conciliatory approach.
Caers, Ralf +5 more
openaire +2 more sources
The principal-agent model in venture investment based on fairness preference
AIMS Mathematics, 2021 The fairness preference in the principal-agent relationship is a vital factor that can even determine the success or failure of one program. Under normal circumstances, the capital invested by VC is often several times that of EN, which is one of the ...
Dongsheng Xu, Qingqing Liu , Xin Jiang
doaj +1 more source
The Dangers of Dispersal of Responsibilities [PDF]
Amfiteatru Economic, 2017 Taking into account that it is in the nature of the modern corporation that risks are distributed over several agents, we discuss in this paper the organisational behaviour as it results from such dispersal of responsibilities for both the principal and ...
Adriana Schiopoiu Burlea , Joop Remmé
doaj
The State and the Development of Industrial Plantation Forest
Jurnal Manajemen Hutan Tropika, 2015 Development of industrial plantation forest is a form of principal-agent relationship, in which the Ministry of Forestry as a principal gives utilization permit to the entrepreneur as an agent, known as the Forest Timber Product Exploitation Permit on ...
Sudarmalik Sudarmalik +3 more
doaj +1 more source
Theories of behavior in principal–agent relationships with hidden action [PDF]
European Economic Review, 2007 Abstract In a laboratory experiment, we investigate behavior in a principal–agent situation with moral hazard. We evaluate the predictive success of two theories. One is the standard agency theory, which assumes that the agent will accept any contract offer that satisfies his participation constraint, typically requiring zero expected utility.
Keser, Claudia, Willinger, Marc
openaire +4 more sources
Mapping the evolution of mitochondrial complex I through structural variation
FEBS Letters, EarlyView.Respiratory complex I (CI) is crucial for bioenergetic metabolism in many prokaryotes and eukaryotes. It is composed of a conserved set of core subunits and additional accessory subunits that vary depending on the organism. Here, we categorize CI subunits from available structures to map the evolution of CI across eukaryotes. Respiratory complex I (CI)
Dong‐Woo Shin +2 more
wiley +1 more source
Reciprocal control of viral infection and phosphoinositide dynamics
FEBS Letters, EarlyView.Phosphoinositides, although scarce, regulate key cellular processes, including membrane dynamics and signaling. Viruses exploit these lipids to support their entry, replication, assembly, and egress. The central role of phosphoinositides in infection highlights phosphoinositide metabolism as a promising antiviral target.
Marie Déborah Bancilhon, Bruno Mesmin
wiley +1 more source