Ethics and Agency Theory: An Introduction

by Norman E. Bowie

Agency theory involves what is known as the principal-agent problem, a topic widely discussed in economics, management, and business ethics today. It is a characteristic of nearly all modern business firms that the principals (the owners and shareholders) are not the same people as the agents (the managers who run the firms for the principals). This creates situations in which the goals of the principals may not be the same as the agents--the principals...

• Format: Hardcover
• Language: English
• ISBN: 0195067983
• ISBN13: 9780195067989
• Release Date: September 1992
• Publisher: Oxford University Press, USA
• Length: 256 Pages
• Weight: 1.25 lbs.
• Dimensions: 1.0" x 6.3" x 9.6"