Feleaga, Niculae; Feleaga, Liliana - In: Theoretical and Applied Economics 8(503) (2006) 8(503), pp. 53-60
inside-business information they hold, all by damaging the shareholders. The “agency theory” is meant either to explain and … theory” -PAT), or to allow the reduction of these conflicts’ costs (leading to a “normative/prescriptive agency theory”). The …