Agency Relationship

Agency Relationship: Exploring the Principal-Agent Dynamic
An in-depth analysis of the principal-agent relationship, including its costs, the role of monitoring and bonding, residual losses, and the relevance of agency theory in modern economic and financial systems.
Stewardship: Guardian of Resources and Accountability
A traditional approach to accounting that places an obligation on stewards or agents to provide relevant and reliable financial information relating to resources over which they have control but which are owned by others, such as shareholders.

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