Agency theory is a very academic term. Essentially it involves the costs of resolving conflicts between the principals and agents and aligning interests of the two groups.
Investment dictionary. Academic. 2012.
agency theory, financial — Introduction in organizational economics, a means of assessing the work being done for a principal (i.e., an employer) by an agent (i.e., an employee). While consistent with the concept of agency traditionally advanced by legal scholars and … Universalium
agency theory — The relationship between two parties, a *principal and an *agent, in which the latter represents or acts on behalf of the former. *Agency costs may arise if the goals of a principal and agent are not congruent: an agent, in other words, may be… … Auditor's dictionary
Agency theory — The analysis of principal agent relationships, wherein one person, an agent, acts on behalf of anther person, a principal. The New York Times Financial Glossary … Financial and business terms
agency theory — The analysis of principal agent relationships, in which one person, an agent, acts on behalf of another person, a principal. Bloomberg Financial Dictionary … Financial and business terms
Agency-Theorie — Grundidee der Prinzipal Agent Theorie (P: Prinzipal, A: Agent) Die Prinzipal Agent Theorie (auch Agenturtheorie) ist innerhalb der Wirtschaftswissenschaft ein Teilgebiet der Neuen Institutionenökonomik. Sie bietet ein Modell, um das Handeln von… … Deutsch Wikipedia
agency relationship — A relationship in which a principal engages an agent to perform some service on his or her behalf; this involves delegating authority by the principal. As it has to be assumed that the agent will not always act in the best interests of the… … Big dictionary of business and management
agency relationship — A relationship in which a principal engages an agent to perform some service on his or her behalf; this involves delegating authority by the principal. As it has to be assumed that the agent will not always act in the best interests of the… … Accounting dictionary
agency — 1. An alternative term for *agency theory. 2. An organization that performs intermediary services, such as hiring personnel or providing security services … Auditor's dictionary
agency costs — The negative effects described in *agency theory of an *agent acting in self interest to the detriment of a *principal. For example, managers in a corporation may seek to enhance their own status and remuneration in defiance of the corporation’s… … Auditor's dictionary
Agency (philosophy) — Agency is a philosophical concept of the capacity of an agent to act in a world. The agency is considered as belonging to that agent, even if that agent represents a fictitious character, or some other non existent entity. The capacity to act… … Wikipedia
