Principals and Agents Structure of Business |
|
Author:
| Pratt, John W. Zeckhauser, Richard J. |
ISBN: | 978-0-87584-256-1 |
Publication Date: | Nov 1990 |
Publisher: | Harvard Business Review Press
|
Book Format: | Paperback |
List Price: | USD $19.95 |
Book Description:
|
Eight essays address the inherent problems of the agency relationship, such as monitoring performance and the careful design of incentives. By applying agency theory to actual practices in areas as diverse as tax-sheltered programs and transfer pricing, the contributors present conceptual tools and practical ideas for shaping agency structures to serve the best interests of both parties. A research colloquium book.
Eight essays address the inherent problems of the agency relationship, such as monitoring performance and the careful design of incentives. By applying agency theory to actual practices in areas as diverse as tax-sheltered programs and transfer pricing, the contributors present conceptual tools and practical ideas for shaping agency structures to serve the best interests of both parties. A research colloquium book.