Examlex
What is the principal-agent problem as applied to corporations?
External Users
Individuals or entities outside of a company who use its financial statements and other information to make decisions, such as investors or creditors.
Business Environment
The combination of external and internal factors that influence a company's operating situation, including economic, legal, and technological aspects.
Confidentiality
The obligation to safeguard and not disclose private information to unauthorized individuals.
Disclose Information
The act of making information known or public, especially information that was previously private or confidential.
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