Agency cost view(redirected from Agency Cost Views)
Agency cost view
The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Agency Cost View
A theory stating that agency costs, which are incremental costs occurring when an agent makes decisions on behalf of a client, are the lowest when the client finances some, but not all, of his/her transactions with debt.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved