Agency Theory Revisited

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Agency Theory Revisited by : Anthony J. Nyberg

Download or read book Agency Theory Revisited written by Anthony J. Nyberg and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agency theory suggests that there may be managerial mischief when the interests of owners and managers (agents) diverge; one possible solution to this agency problem is the alignment of owner and agent interests through agent compensation and equity ownership. We develop the theoretical concept of CEO returns, and empirically estimate the magnitude of financial alignment, as measured by the relationship between CEO returns and shareholder returns. Our results, based on this new conceptualization and corresponding measurement, suggest stronger alignment than reported in previous work. We find that the magnitude of this alignment relationship plays a positive role in predicting subsequent firm performance; however, it does so in ways not clearly articulated or tested in prior CEO compensation research.

Managers' Adverse Selection in Resource Allocation

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Publisher :
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.:/5 (384 download)

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Book Synopsis Managers' Adverse Selection in Resource Allocation by : Mohamad Goedono

Download or read book Managers' Adverse Selection in Resource Allocation written by Mohamad Goedono and published by . This book was released on 1997 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agency Revisited

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Publisher : Fundacion BBVA
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

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Book Synopsis Agency Revisited by :

Download or read book Agency Revisited written by and published by Fundacion BBVA. This book was released on 2007 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Illuminating Social Life

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Publisher : Pine Forge Press
ISBN 13 : 1412978157
Total Pages : 457 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Illuminating Social Life by : Peter Kivisto

Download or read book Illuminating Social Life written by Peter Kivisto and published by Pine Forge Press. This book was released on 2011 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: Illuminating Social Life has enjoyed increasing popularity with each edition. It is the only book designed for undergraduate teaching that shows today's students how classical and contemporary social theories can be used to shed new light on such topics as the internet, the world of work, fast food restaurants, shopping malls, alcohol use, body building, sales and service, and new religious movements.A perfect complement for the sociological theory course, it offers 13 original essays by leading scholars in the field who are also experienced undergraduate theory teachers. Substantial introductions by the editor link the applied essays to a complete review of the classical and modern social theories used in the book.

Big Theories Revisited 2

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Publisher : IAP
ISBN 13 : 1641132701
Total Pages : 448 pages
Book Rating : 4.6/5 (411 download)

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Book Synopsis Big Theories Revisited 2 by : Gregory Arief D. Liem

Download or read book Big Theories Revisited 2 written by Gregory Arief D. Liem and published by IAP. This book was released on 2018-04-01 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students’ school motivation and engagement are key contributors to the quality of their academic learning and performance, as well as growth in other important areas of life (social, emotional, and physical health). Fostering motivation and engagement is thus a meaningful educational purpose, both in and of itself and as a pathway to holistic student development. However, motivation and engagement do not develop in a vacuum, and effort seeking to facilitate them cannot be effectively pursued without understanding their underpinning sociocultural influences. In the first edition of this volume, “Big Theories Revisited” (McInerney & Van Etten, 2004), authors of major models of school motivation and engagement were ‘challenged’ to look into their theoretical work through a sociocultural lens. The volume has been well received as objectively reflected in the number of citations of its chapters. Significant progress has since been made in the theorizing and research of ‘big theories’ of school motivation and engagement. In this volume, we invited a group of internationally-renowned scholars to re-examine their theoretical and conceptual work by highlighting the ‘what’ (factors) and ‘how’ (processes) of sociocultural influences in association with the key motivation and/or engagement construct(s) of their expertise. We made it clear to our contributors that we solicited new chapters rather than chapters with merely rehashed materials. As a result, this volume, “Big Theories Revisited 2” (Liem & McInerney, 2018) contains chapters that critically discuss sociocultural influences on school motivation and engagement constructs as viewed from focal theories including self-determination theory, achievement goal theory, personal investment theory, expectancy value theory, self-efficacy theory, self- and co-regulated learning models, and many others. Whereas some of the chapter topics covered in the initial edition are also part of this edition, some are new and provide fresh sociocultural angles on achievement-relevant processes and outcomes. Likewise, whereas some of the authors contributed to the earlier edition of the Volume, many of them are different. What appears to be the same across the two editions is the scholarly distinction of the authors and the substantive rigor of the chapters in advancing our current understanding of this field of enquiry. Readers will learn much from and be inspired by stimulating ideas presented in this volume.

Negotiating Intractable Conflicts

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Publisher :
ISBN 13 : 9780367187200
Total Pages : 0 pages
Book Rating : 4.1/5 (872 download)

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Book Synopsis Negotiating Intractable Conflicts by : Amira Schiff

Download or read book Negotiating Intractable Conflicts written by Amira Schiff and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the lens of readiness theory, this book focuses on elements that determine the success and failure in negotiating peace agreements in intractable ethno-national conflicts. Examining three cases of mediated negotiation in Aceh, Sudan, and Sri Lanka, the book provides an analytical framework for studying the processes underlying the movement toward conflict resolution. By studying readiness theory's capacity to identify the factors that influence parties' readiness to reach an agreement, it constitutes another step in the development of readiness theory beyond the pre-negotiation stage. The work highlights the central role that third parties - mediators and the international community - play in the success or failure of peace processes, illuminating the mechanisms through which third parties affect the dynamics and outcome of the process. The systematic examination of readiness theory in these cases is instructive for researchers as well as for practitioners who seek to successfully mediate intractable conflicts and help adversaries achieve peace accords. This book will be of much interest to students of conflict resolution, peace studies, Asian politics, African politics and international relations in general.

Revisiting the Principal-Agent Theory of Agency

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Revisiting the Principal-Agent Theory of Agency by : John P. Ulhøi

Download or read book Revisiting the Principal-Agent Theory of Agency written by John P. Ulhøi and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In the following, my comments are organized as follows. Firstly, I make some general comments and observations on the general problems and limitations of the orthodox Principal-Agent [P-A] theory of Agency put forward by Jensen and Meckling (M-E) when seen through the lens of real-world organizations and human intentionality. Next, I address the socialized P-A theory of agency discussed by L-et al. in their FET framework. I then proceed to comment on the second part of L-et al.'s thesis, namely their attempt to merge the micro level of the firm with the macro level of nations in the form of their CET framework. In closing, I ask whether the authors, by importing some of the scientific ideals from orthodox economics while at the same time criticizing very same tenets, thus making it much more difficult to harvest the potential fruits of their interesting alternative, have not in fact struck a kind of Faustian bargain.

CEO Governance and Shareholder Returns

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Publisher :
ISBN 13 : 9781862740747
Total Pages : 25 pages
Book Rating : 4.7/5 (47 download)

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Book Synopsis CEO Governance and Shareholder Returns by : Lex Donaldson

Download or read book CEO Governance and Shareholder Returns written by Lex Donaldson and published by . This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agency Revisited

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Publisher :
ISBN 13 :
Total Pages : 57 pages
Book Rating : 4.:/5 (589 download)

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Book Synopsis Agency Revisited by : Ramon Casadesus-Masanell

Download or read book Agency Revisited written by Ramon Casadesus-Masanell and published by . This book was released on 2010 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article presents a comprehensive overview of the principal-agent model that emphasizes the role of trust in the agency relationship. The analysis demonstrates that the legal remedy for breach of duty can result in a full-information efficient outcome eliminating both moral hazard and adverse selection problems in agency. The legal remedy motivates agents to behave in a trustworthy fashion and principals to place their trust in agents. In contrast to the standard agency model, a complete description of the principal-agent relationship cannot be based on explicit incentives alone but must recognize implicit and exogenous incentives for trust behavior that derive from the legal, social, and market context. These incentives reduce the need to rely on explicit incentives, allowing the principal and agent to reduce transaction costs by using incomplete contracts.

Fundamentals of Financial Management, 3/e

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Publisher : Pearson Education India
ISBN 13 : 9788131761427
Total Pages : 556 pages
Book Rating : 4.7/5 (614 download)

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Book Synopsis Fundamentals of Financial Management, 3/e by : Vyuptakesh Sharan

Download or read book Fundamentals of Financial Management, 3/e written by Vyuptakesh Sharan and published by Pearson Education India. This book was released on with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Financial Management by Sharan, Vyuptakesh.

Agency Theory and Control Strategy

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Publisher : Forgotten Books
ISBN 13 : 9780666083883
Total Pages : 52 pages
Book Rating : 4.0/5 (838 download)

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Book Synopsis Agency Theory and Control Strategy by : J. M. McInnes

Download or read book Agency Theory and Control Strategy written by J. M. McInnes and published by Forgotten Books. This book was released on 2018-02-21 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Agency Theory and Control Strategy: A Field Study In conditions of uncertainty the agent must inevitably bear some risk. This is so because partial signals of effort may be used to deduce and compensate the effort supplied: alternatively. Output. Which is determined by factors other than simply the agent's level of effort, may be measured and used as the basis of an incentive contract. Since the agent is risk averse, the expected mean level of compensation must exceed the pure market rate for effort by a risk premium. At equilibrium the premium will exactly equal the agent's disutility for the riskiness of the situation. This equilibrium is called the second-best solution; that is to say. The solution which efficiently compensates the agent for both effort and risk. In this circumstance, the residual accruing to the principal comprises the output of the firm. Less the effort and risk compensation to the agent and monitoring costs. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Agent-Based Modeling

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Publisher : Springer Science & Business Media
ISBN 13 : 3540738789
Total Pages : 238 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Agent-Based Modeling by : Norman Ehrentreich

Download or read book Agent-Based Modeling written by Norman Ehrentreich and published by Springer Science & Business Media. This book was released on 2007-10-30 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analyzing a well-known agent-based model, the Santa Fe Institute Artificial Stock Market (SFI-ASM), it finds that when selective forces are weak, financial evolution cannot guarantee that only the fittest trading rules will survive. Its main contribution lies in the application of standard results from population genetics which have widely been neglected in the agent-based community.

The Fetish Revisited

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Publisher : Duke University Press
ISBN 13 : 1478002433
Total Pages : 384 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis The Fetish Revisited by : J. Lorand Matory

Download or read book The Fetish Revisited written by J. Lorand Matory and published by Duke University Press. This book was released on 2018-10-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early-modern encounter between African and European merchants on the Guinea Coast, European social critics have invoked African gods as metaphors for misplaced value and agency, using the term “fetishism” chiefly to assert the irrationality of their fellow Europeans. Yet, as J. Lorand Matory demonstrates in The Fetish Revisited, Afro-Atlantic gods have a materially embodied social logic of their own, which is no less rational than the social theories of Marx and Freud. Drawing on thirty-six years of fieldwork in Africa, Europe, and the Americas, Matory casts an Afro-Atlantic eye on European theory to show how Marx’s and Freud’s conceptions of the fetish both illuminate and misrepresent Africa’s human-made gods. Through this analysis, the priests, practices, and spirited things of four major Afro-Atlantic religions simultaneously call attention to the culture-specific, materially conditioned, physically embodied, and indeed fetishistic nature of Marx’s and Freud’s theories themselves. Challenging long-held assumptions about the nature of gods and theories, Matory offers a novel perspective on the social roots of these tandem African and European understandings of collective action, while illuminating the relationship of European social theory to the racism suffered by Africans and assimilated Jews alike.

Open and Distance Education Theory Revisited

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Publisher : Springer
ISBN 13 : 9811377405
Total Pages : 122 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Open and Distance Education Theory Revisited by : Insung Jung

Download or read book Open and Distance Education Theory Revisited written by Insung Jung and published by Springer. This book was released on 2019-05-22 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores foundational theories that have been applied in open and distance education (ODE) research and refined to reflect advances in research and practice. In addition, it develops new theories emerging from recent developments in ODE. The book provides a unique and up-to-date source of information for ODE scholars and graduate students, enabling them to make sense of essential theory, research and practice in their field, and to comprehend the gaps in, and need for further enquiry into, theoretical approaches in the digital era. It also offers theory-based advice and guidelines for practitioners, helping them make and justify decisions and actions concerning the development, implementation, research and evaluation of ODE.

Agency Theory and Control Strategy

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Publisher : Hardpress Publishing
ISBN 13 : 9781314642490
Total Pages : 62 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Agency Theory and Control Strategy by : Mcinnes M

Download or read book Agency Theory and Control Strategy written by Mcinnes M and published by Hardpress Publishing. This book was released on 2013-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

International Organizations Revisited

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Publisher : Berghahn Books
ISBN 13 : 9781800731226
Total Pages : 428 pages
Book Rating : 4.7/5 (312 download)

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Book Synopsis International Organizations Revisited by : Dennis Dijkzeul

Download or read book International Organizations Revisited written by Dennis Dijkzeul and published by Berghahn Books. This book was released on 2021-07-01 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the sustained scholarly attention that the United Nations and international NGOs have received in the twenty-first century, they still remain under-researched from a management studies perspective. This volume brings together rich analyses of these organizations’ functioning, arguing that they are best understood as intermediaries between international decision-making and funding bodies in the developed world and initiatives that take place on the ground, primarily in the Global South. Based on current management research, this follow-up to Rethinking International Organizations (Berghahn, 2002) provides a wealth of both empirical and theoretical insights, along with practical recommendations how these organizations can function more effectively.

The Assumption of Agency Theory

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Publisher : Routledge
ISBN 13 : 1136633251
Total Pages : 213 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis The Assumption of Agency Theory by : Kate Forbes-Pitt

Download or read book The Assumption of Agency Theory written by Kate Forbes-Pitt and published by Routledge. This book was released on 2011-04-05 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Assumption of Agency Theory revisits the Turing Test and examines what Turing’s assessor knew. It asks important questions about how machines vis à vis humans have been characterized since Turing, and seeks to reverse the trend of looking closely at the machine by asking what humans know in interaction and how they know it. Building upon existing theories of philosophy of mind, this book shows not how humans operate theoretically, but how they use every day human skill to overcome knowledge barriers and understand each other through knowing themselves. Only once human interaction has been theorized in this way are machines able to be placed within it; when it is easier to understand what humans believe them to be. This book characterizes a non-human agent that shows itself in interaction but is distinct from human agency: an agent acting with us in our ongoing reproduction and transformation of structure. Turing predicted that at the end of the twentieth century, we would refer to thinking machines ‘without fear of contradiction’. The Assumption of Agency Theory shows how and why, even if we don’t say it, we deal with machines every day as if they are thinking, acting agents.