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Latest Principal-agent problem Stories

2012-06-11 18:55:27

Rice U. study finds corporate political activity doesn´t necessarily improve bottom line Sixteenth-century European explorers probed the jungles and valleys of South America in search of El Dorado, the legendary lost city of gold, but came up empty-handed. Corporate political supporters may find themselves similarly unrewarded, according according to a new study from Rice University and Long Island University. The researchers investigated the relationship between corporate...

2007-12-27 03:00:10

By Klein, Richard Rai, Arun; Straub, Detmar W ABSTRACT Cooperative logistics relationships require the sharing of information, which must be enabled by the integration of disparate information systems across partners. In this article, we theorize business-to-business logistics relationships should be managed using cooperative and competitive postures. Based on data from 91 dyadic relationships using interorganizational information technology (IT), we find that performance gains accrue when...

2007-09-21 06:00:12

By Frankforter, Steven A Davis, James H; Vollrath, David A; Hill, Vanessa This study tests the model of Davis, Schoorman, and Donaldson (1997) that proposed determinants of a company's governance structure. In particular, we focus on the agency theory aspects of the model and its ability to predict the presence of an opportunist- orientation CEO at publicly listed U.S. companies. Using survey based data obtained from CEOs and directors of 100 companies in a match-pair design, we identified...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.