Shirking

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Related to shirked: shirkers

Shirking

The tendency to do less work when the return is smaller. Owners may have more incentive to shirk if they issue equity as opposed to debt, because they retain less ownership interest in the company and therefore may receive a smaller return. Thus, shirking is considered an agency cost of equity.

Shirking

The act of working less when there is no chance of earning a higher return. For example, a company may have punitive taxes levied on it if its profits are considered excessive. The owners of the company therefore have an incentive to shirk their responsibilities and to not work as hard as they otherwise would. Likewise, employees who are paid poorly may shirk their responsibilities since there is no incentive rewarding hard work.

shirking

see TEAM PRODUCTION.
References in classic literature ?
Just as he was going into the nursery he remembered what it was he had shirked facing.
And that is the true ending of the episode in which we two set ourselves to catch one of our own kidney, albeit in another place I have shirked the whole truth.
He is a man to be shirked, put off, brow-beaten, sneered at, handed over by this highly-connected young or old gentleman, to that highly-connected young or old gentleman, and dodged back again; he is a man with no rights in his own time, or his own property; a mere outlaw, whom it is justifiable to get rid of anyhow; a man to be worn out by all possible means.
Steven possesses TURN TO PAGE 65 FROM BACK PAGE remarkable quality and attitude, he's always led by example - he's never shirked anything.
These players have not shirked anything because they might sustain an injury," said O'Neill.
It's just unfortunate that he has done just that and shirked his responsibilities since losing office.