Discover strategies to resolve agency conflicts in corporations, including monitoring, incentives, and contract design, to ...

The bond rating industry’s 100th anniversary is this year. Rating agencies have lately been in the news and before congressional committees for less salutary reasons—the role that they played in ...

Journal of Business Ethics, Vol. 79, No. 1/2, World Business Ethics: Does East Meet West? (Apr. - May, 2008), pp. 151-166 (16 pages) We find that agency problems are embedded in firm's excess and ...

Almost no one disputes that the rating agencies played a major role in bringing on the financial crisis. To further investigate the mistakes they made, the Senate Committee on Homeland Security and ...

Focus is on the relationship between upper-level management and stockholders -- categories which overlap when the owner is the manager. Although J&M clearly believe that agency problems within the ...

The relationship between business owners and business management gets complicated when they're not the same people. One approach to understanding it is agency theory: Managers are agents for the ...

SOMEONE WISE once said that all the problems of capitalism are agency problems. Agency costs arise when somebody (the principal) delegates a task to somebody else (the agent) and their interests are ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. There are certain theories that explain ...

When my wife and I had just gotten married and were about to start house hunting, my father-in-law took me aside to impart some wisdom. “Remember: the Realtor works for the seller, not for you.” He ...

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 ...

Focus is on the relationship between upper-level management and stockholders -- categories which overlap when the owner is the manager. Although J&M clearly believe that agency problems within the ...