agency theory

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf gptkb:logic
gptkbp:appliesTo corporate governance
executive compensation
contract design
shareholder-management relations
gptkbp:describes relationship between principals and agents
gptkbp:field economics
finance
management
organizational behavior
gptkbp:focusesOn conflicts of interest
information asymmetry
incentive alignment
https://www.w3.org/2000/01/rdf-schema#label agency theory
gptkbp:influenced organizational design
corporate law
business ethics
gptkbp:notablePublication gptkb:Theory_of_the_Firm:_Managerial_Behavior,_Agency_Costs_and_Ownership_Structure
gptkbp:proposedBy gptkb:Michael_C._Jensen
gptkb:William_H._Meckling
gptkbp:relatedConcept moral hazard
adverse selection
monitoring costs
principal-agent problem
bonding costs
residual loss
gptkbp:yearProposed 1976
gptkbp:bfsParent gptkb:structuration_theory
gptkbp:bfsLayer 5