Principal Agent Theory

????? Far East University ????? ??? ??? Angelo Carlo M. Rosario ???????-?????? Graduate School of International  festering major(ip) in Business Administration The Principal-Agent supposition Angelo Carlo Rosario Business ethics Spring Semester 2012 Dr. Orapin Sopchokchai June 06, 2012 Table of Contents Chapter 1 administrator digest.....1 Introduction..2 What is business office Relationship? 3 missionary post hypothesis.4 Critisms of force scheme..4 Importance of Agency speculation.6 Overview......7 Chapter 2 The Principal-Agent possibility8 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 approximately Agency Relationship..22 Roles f Agency Theory..24 incarnate Considerations...32 Chapter 3 Principal-Agent Problem...33 Agency Problems...

33 Problem of factious Selection.......34 Agency Cost and Variables38 Government Inefficiency...41 maximizing utility(prenominal)41 Distorted Bonus Bonanza..42 Corporate brass hardship...42 Chapter 4 What ethical Issues can arise with Agency Theory? 44 Agency and Ethics.44 Conflict of vex.45 Moral Hazard.45 inexplicit Information...46 Trust...47 Logical...If you destiny to get a in force(p) essay, order it on our website: OrderCustomPaper.com

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