Ask Question

The agency theory can best be described as

a. the relationship between top management and the board of directors

b. the relationship between the board of directors and shareholders

c. the relationship between top management and the board of directors, and shareholders

d. the relationship between the external auditors and top management

+2
Answers (1)
  1. 30 March, 02:48
    0
    The agency theory is a supposition that explains the relationship between principals and agents in business. Agency theory is concerned with resolving problems that can exist in agency relationships due to unaligned goals or different aversion levels to risk.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The agency theory can best be described as a. the relationship between top management and the board of directors b. the relationship ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers