Agency Theory, Information, and Incentives /

This book deals with a wide range of topics in agency theory. Agency theory focuses on information and on incentives, with basic approaches from microeconomics and risk analysis. Among the broad variety of applications are the different organizational patterns of cooperation in institutions and the...

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Bibliographic Details
Main Author: Bamberg, Günter
Corporate Author: SpringerLink (Online service)
Other Authors: Spremann, Klaus
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1987.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This book deals with a wide range of topics in agency theory. Agency theory focuses on information and on incentives, with basic approaches from microeconomics and risk analysis. Among the broad variety of applications are the different organizational patterns of cooperation in institutions and the various aspects of the separation of ownership and control which are fundamental for the modern field of business finance. The topics selected form the eight sections of the book: 1) Agency Theory and Risk Sharing 2) Information and Incentives 3) Capital Markets and Moral Hazard 4) Financial Contracting and Dividends 5) External Accounting and Auditing 6) Coordination in Groups 7) Property Rights and Fairness 8) Agency Costs.
Item Description:Electronic resource.
Physical Description:1 online resource (xviii, 533 pages 37 illustrations)
ISBN:9783642750601 (electronic bk.)
3642750605 (electronic bk.)