Managerial Theories and the Principal Agent Problem. The Conflict between Managers’ and Shareholders’ Objectives


Essai, 2015

5 Pages


Résumé ou Introduction

While it is important to understand the various objectives of firms, it is equally important also to note that some of these objectives may be inconsistent or incompatible with each other due to the principal-agent problem that normally exists between shareholders (owners of the firm) and managers (those who control the firm). This essay serves to analyse some managerial theories in light of the principal-agent problem and the conflict of interest between the shareholders and managers.

Résumé des informations

Titre
Managerial Theories and the Principal Agent Problem. The Conflict between Managers’ and Shareholders’ Objectives
Auteur
Année
2015
Pages
5
N° de catalogue
V302048
ISBN (ebook)
9783668007352
ISBN (Livre)
9783668007369
Taille d'un fichier
383 KB
Langue
anglais
Mots clés
managerial, theories, principal, agent, problem, conflict, managers’, shareholders’, objectives
Citation du texte
Bsc (Honours) Economics Thabani Nyoni (Auteur), 2015, Managerial Theories and the Principal Agent Problem. The Conflict between Managers’ and Shareholders’ Objectives, Munich, GRIN Verlag, https://www.grin.com/document/302048

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