If business is to address its conflicts with an expanding government, it must ensure that its external relations departments are well managed. To do so, corporate managers must manage the border ...

Learn how agency theory influences corporate governance and addresses moral hazard through incentives between shareholders ...

There's one argument floating around out there about the soaring inequality of the modern day and the manner in which CEO pay at public companies has risen so much. That argument being that as ...

Discover how agency and stakeholder theories explain business relationship dynamics and conflicts, helping clarify interests ...

Gen. David Petraeus’ Ph.D. is in international relations, not economics, but he clearly understands the microeconomic phenomenon known as the “principal-agent problem.” Overcoming it is the key ...

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

Michael Douglas, in his Academy Award winning portrayal of Gordon Gekko in the movie “Wall Street,” declares in his famous “greed” speech that the company has “33 different vice presidents” that are ...