Learn how agency theory influences corporate governance and addresses moral hazard through incentives between shareholders ...

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

When a principal hires an agent to carry out specific tasks, the hiring is termed a "principal-agent relationship," or simply an "agency relationship." When a conflict of interest between the needs of ...

As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

Over the years there have been a number of attempts at solving the principal/agent problem. Apple's the latest to try and do so and it has to be said that their attempt is likely to avoid most of the ...

Michael Douglas, in his Academy Award winning portrayal of Gordon Gekko in the movie “Wall Street,” declares in his famous “greed” speech that the company has “33 different vice presidents” that are ...

When we read “The Courtship of Miles Standish” in grade school, I had not yet studied economics, so I didn’t understand the theory underlying John Alden’s quandary or that Priscilla Mullins’ famous ...

The Border Tax Is Back, and It’s Still a Terrible Idea Are We All Marxists Now? Audio By Carbonatix In the lens of recent discussion on the 50th anniversary of Milton Friedman’s New York Times essay ...