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Keywords: Principal agent theory
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Journal Articles
Journal:
Nankai Business Review International
Nankai Business Review International (2019) 10 (4): 618–634.
Published: 28 November 2019
.... Principal agent phenomenon indicates the ubiquitous relationship in which the agent party performs the work according to the principal party’s benefit based on a mutual agreement contract (Eisenhardt, 1989). Principal agent theory (Arrow, 1963 ; Akerlof, 1970) describes an agency dilemma, which concerns...
