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Agency theory

   Also found in: Wikipedia 0.04 sec.
Agency theory
The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.


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Agency theory has several schools of thought, but Feaver opts for the middle ground.
An Agency Theory Perspective on Student Performance Evaluation.
The theory of Ethical ambivalence is consistent with agency theory in its basis that individual ethical behavior is a function of self-interest (Grover, 1993).
 
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