Essays about: "principal agent relationship"

Showing result 11 - 15 of 52 essays containing the words principal agent relationship.

  1. 11. The dynamics of the relationship between managers and consultants - Exploring the aspects of time, power and ambiguities

    University essay from Göteborgs universitet/Graduate School

    Author : Johan Rydberg; Viktor Rönnquist; [2020-06-16]
    Keywords : Managers; Consultants; Principal-Agent theory; Management; Consultancy; Relationships;

    Abstract : This article studies what aspects affect the relationship between managers and consultants and what the consequences are. Drawing on interviews with consultants and managers from various sectors, we analysed their relationship by combining principal-agent theory with other theories within client-consultant literature which enabled a deeper understanding of the aspects and interests which shape the relationship. READ MORE

  2. 12. Assessing the value of advice : Evaluation approaches of small management consulting firms

    University essay from Umeå universitet/Företagsekonomi

    Author : Niklas Grufman; Cornelia Larker; [2020]
    Keywords : Management consulting; Evaluation; Knowledge Intensive Services; Customer satisfaction; Relationship management; Performance-based pricing;

    Abstract : Whilst utilization of management consulting services has become an integral part of the contemporary economy and functioning of many organizations, intangibility leaves clients unable to predict or objectively assess the values created in consulting engagements. According to scholars, attempts to counteract the principal-agent related risks of opportunism and divergent incentives are expected to increase following higher competition, consumer awareness and anticipated increased demand for performance-based pricing. READ MORE

  3. 13. CEO Compensation and Company Performance - Evidence From Sweden

    University essay from

    Author : Isak Djudja; Hugo Hammar; [2019-07-09]
    Keywords : CEO Compensation; Agency Theory; Compensation Plan; Variable Pay;

    Abstract : Compensation to CEOs has increased dramatically over the past decades. This increase over time raises the question of its justifiability. The direct costs of CEO compensation shall be considered in light of the value added by reduced agency costs that originate from the principal agent relationship between CEOs and shareholders. READ MORE

  4. 14. Are Entrepreneurs Overburdened? Exploring the Agency Dilemma in an Entrepreneurial Setting

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Ervis Bulaj; Nour Hafdioui; [2019]
    Keywords : agency theory; entrepreneurs; agency costs; agency control mechanisms; entrepreneurial finance; venture capitalists; business angels; Business and Economics;

    Abstract : Entrepreneurial finance is of key importance for young firms and as in any other hierarchical structure, it is strongly linked with the agency dilemma. While the principal-agent dilemma has been well documented in large companies, there is a limited contribution focused on agency theory within start-ups and young firms. READ MORE

  5. 15. Capital investments in the presence of tenancy relations : a case study on farmers that lease land from institutional landowners

    University essay from SLU/Dept. of Economics

    Author : Erik Andersson; Eric Larsson; [2019]
    Keywords : tenancy; investments; farmers; farming through tenancy; investments in tenancy; principal-agent; decision-making; bounded rationality;

    Abstract : The agricultural sector is one of the most important industries in Sweden. About 40% of Sweden's agricultural land is leased out, which means that leased farming is a significant part of Swedish agriculture. Since Sweden joined the EU in 1995, the prices of leasing land have almost doubled. READ MORE