Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



#has-images #puerquito-session #reading-puerquito-verde

Information asymmetry. Managers almost always have more information than shareholders. Thus, it is difficult for shareholders to measure managers' performance or to hold them accountable for their performance.
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
a way to understand why managers do not always act in the best interests of stakeholders. Managers and shareholders may have different goals. They may also have different attitudes towards risk. <span>Information asymmetry. Managers almost always have more information than shareholders. Thus, it is difficult for shareholders to measure managers' performance or to hold them accountable for their performance. <span><body><html>

Original toplevel document

Subject 3. Principal-Agent and Other Relationships in Corporate Governance
Shareholder and Manager/Director Relationships Problems can arise in a business relationship when one person delegates decision-making authority to another. The principal is the person delegating authority, and the agent is the person to whom the authority is delegated. Agency theory offers a way to understand why managers do not always act in the best interests of stakeholders. Managers and shareholders may have different goals. They may also have different attitudes towards risk. Information asymmetry. Managers almost always have more information than shareholders. Thus, it is difficult for shareholders to measure managers' performance or to hold them accountable for their performance. Controlling and Minority Shareholder Relationships Ownership structure is one of the main dimensions of corporate governance. For firms with controllin


Summary

statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on

Details



Discussion

Do you want to join discussion? Click here to log in or create user.