Agency cost
id:
agency-cost-182-13195893
title:
Agency cost
text:
An agency cost is an economic concept that refers to the costs associated with the relationship between a "principal", and an "agent". The agent is given powers to make decisions on behalf of the principal. However, the two parties may have different incentives and the agent generally has more information. The principal cannot directly ensure that its agent is always acting in its best interests. This potential divergence in interests is what gives rise to agency costs. Common examples of this c
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Agency_cost
date created:
2005-03-26T10:32:30Z
date modified:
2024-09-06T12:23:10Z
main entity:
{"identifier":"Q392896","url":"https://www.wikidata.org/entity/Q392896"}
image:
fields total:
13
integrity:
14