Explore the realm of organizational economics, revealing how it impacts firm structure, decision-making, and market performance. Delve into its key theories such as agency theory and transaction cost economics.
Explore the concept of agency relationship in business, the associated risks and agency costs, and how it influences financial management and corporate governance.
Dive into agency theory to understand the dynamics between principals and agents in business, addressing principal-agent problems and governance solutions.
Explore the vital role of goal congruency in ensuring that the objectives of agents align with those of principals, featuring insights from agency theory.