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Item Details
Title: PRINCIPALS AND AGENTS
By: John W. Pratt, Richard J. Zeckhauser
Format: Paperback

List price: £15.99


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ISBN 10: 0875842569
ISBN 13: 9780875842561
Publisher: HARVARD BUSINESS REVIEW PRESS
Pub. date: 1 November, 1990
Pages: 241
Description: Subjects covered in this book include: the treatment of agency in economics literature; institutional responses to the generic problems of agency; fiduciary duties, insider trading, and employment contracts; and the means by which an agency facilitates subordinates' autonomy and managers' control.
Synopsis: 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.
Publication: US
Imprint: Harvard Business Review Press
Returns: Returnable
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