Explain Some of the Measures Taken to Reduce the 'Agency

question 41

Essay

Explain some of the measures taken to reduce the 'agency problem'.

---

Definitions:

Communal Orientation

An attitude or approach that emphasizes the welfare and interests of the community or group over individual gains.

Exchange Oriented

Exchange oriented refers to relationships or interactions where the parties involved expect reciprocation or benefits from their contributions or efforts.

Social Rejection

The experience of being excluded, ignored, or dismissed by individuals or groups, often leading to feelings of pain, loss, and low self-esteem.

Field Conditions

Factors and conditions existing in real-life settings outside controlled experimental environments that can influence the outcome of a study.