Examlex
A research and development team comprises of members who have the expertise and experience needed to develop new products.
Principal-Agent Problem
A dilemma in economics where one party (the agent), acting on behalf of another party (the principal), may have different goals or incentives, potentially leading to inefficiencies.
Corporate Ownership
Refers to the ownership structure of a corporation, typically involving shareholders who possess rights and responsibilities.
Corporate Control
The ownership structure or governance framework that determines the strategic direction and decisions of a company.
Logrolling
The trading of votes by legislators to secure favorable outcomes on decisions concerning the provision of public goods and quasi-public goods.
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