Principal Agent Theory

????? Far East University ????? ??? ??? Angelo Carlo M. Rosario ???????-?????? Graduate School of International  development major(ip) in Business Administration The Principal-Agent supposition Angelo Carlo Rosario Business ethical motive Spring Semester 2012 Dr. Orapin Sopchokchai June 06, 2012 Table of Contents Chapter 1 administrator abstract.....1 Introduction..2 What is business office Relationship? 3 foreign mission hypothesis.4 Critisms of deputation scheme..4 Importance of Agency conjecture.6 Overview......7 Chapter 2 The Principal-Agent possibleness8 Origins of Principal-Agent Theory....10 Development of the Principal-Agent Theory.16 Agency Relationships18 Types of Agency Relationships.19 Levels of Agency Relationships20 Assumptions intimately Agency Relationship..22 Roles f Agency Theory..24 corporeal Considerations...32 Chapter 3 Principal-Agent Problem...33 Agency Problems...33 Problem of adve rse Selection.......34 Agency Cost and Variables38 Government Inefficiency...41 maximizing utility(prenominal)41 Distorted Bonus Bonanza..42 Corporate regime hardship...42 Chapter 4 What ethical Issues can arise with Agency Theory? 44 Agency and Ethics.44 Conflict of affaire.45 Moral Hazard.45 inexplicit Information...46 Trust...47 Logical...If you postulate to get a in force(p) essay, order it on our website: OrderCustomPaper.com

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