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What Is Agency Theory? How Does Information Technology Enable a Firm

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What is agency theory? How does information technology enable a firm to reduce agency costs?


Definitions:

Action Block

A section of code or a user interface element designed to perform a specific action or set of actions when prompted.

Arguments

In programming, arguments are values that are passed to functions, procedures, or commands to be processed.

Rectangle

In geometry, a rectangle is a four-sided shape where every angle is a right angle and opposite sides are parallel and equal in length.

Arguments

The values or parameters that are passed to functions, procedures, or commands in programming and scripts.

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