Posted on 11/07/2018 11:15:08 AM PST by John David Powell
Agency theory is a way to explain the relationship between a principal and an agent. In a perfect world, the agent works in the principal’s best interest. In the real world, the agent works on behalf of the agent. Understanding agency theory in personal relationships, in the workplace, and in politics may help resolve issues created by unaligned goals or different levels of risk aversion. Finance students learn agency theory to help them understand the conflicts between the expectations of principals (stockholders) and the desires of agents (company executives). Politics, if nothing else, is agency theory on steroids.
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NY, California and now the democratic Texas and Trump will not win a second term. America is lost.
NY, California and now the democratic Texas and Trump will not win a second term. America is lost.
Then do everyone a favor, use a bullet, it is surer.
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