When a principal hires an agent to carry out specific tasks, the hiring is termed a "principal-agent relationship," or simply an "agency relationship." When a conflict of interest between the needs of ...

As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

Why exclude state-owned enterprises (SOEs) from equity allocations? This a natural first question investors tend to ask when they hear of WisdomTree’s suite of ex-state-owned equity ETFs. The ...

This is a preview. Log in through your library . Abstract The principal-agent problem in health care asserts that providers, being the imperfect agents of patients, will act to maximize their profits ...

In the lens of recent discussion on the 50th anniversary of Milton Friedman’s New York Times essay on shareholder primacy, which I’ve recently written on, I’ve been thinking about a strange decision ...

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

This paper expands the literature on the heterogeneity among nursing home facilities by determining whether quality at for-profit nursing homes managed by owner-managers is different from those ...

Over the years there have been a number of attempts at solving the principal/agent problem. Apple's the latest to try and do so and it has to be said that their attempt is likely to avoid most of the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...

Recent disclosures of Volkswagen’s deliberate frauds to foil U.S. emissions standards on its diesel cars may be mind-boggling in their audacity, but they are a gift to econ teachers like me. What ...