Examlex
________________________ are maximum control units that are either independent correctional centers or locked wings of existing prisons.
Principle Agency Problem
A situation in corporate governance where the interests of principals (owners) diverge from those of agents (managers), leading to potential conflicts.
Incentive
A benefit or reward intended to motivate or encourage a specific action or behavior in economic or organizational contexts.
Decision Maker
An individual or entity responsible for making choices that will impact outcomes in a business, policy, or personal context.
Agency Costs
Expenses arising from the conflict of interest between a company's management and its shareholders.
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