Agency Theory: A Review in Finance

dc.contributor.author Ali Yavuz POLAT
dc.contributor.author Hasan TEKİN
dc.contributor.department AGÜ, Yönetim Bilimleri Fakültesi, Ekonomi Bölümü en_US
dc.date.accessioned 2021-06-18T09:31:29Z
dc.date.available 2021-06-18T09:31:29Z
dc.date.issued 2020 en_US
dc.description.abstract The problems of agency and risk sharing arise due to the separation of ownership and control of a large firm, when conflicts of interest exist between principals (owners) and agents (managers). The main source of these problems is asymmetric information, which implies an agency cost for the principal. Agency theory, which is still one of the fundamental theories in corporate finance, focuses on minimizing costs in agency relations. This study critically evaluates the principal-agent relations, focusing on the interaction between the shareholder-manager and bondholder-shareholder in corporate finance. en_US
dc.identifier.issn 2147-7655
dc.identifier.issn 2149-4622
dc.identifier.uri https://doi.org/10.18506/anemon.712351
dc.identifier.uri https://hdl.handle.net/20.500.12573/810
dc.identifier.volume Cilt: 8 Sayı: 4 Sayfa: 1323 - 1329 en_US
dc.language.iso eng en_US
dc.publisher TÜBİTAK ULAKBİM Ulusal Akademik Ağ ve Bilgi Merkezi Cahit Arf Bilgi Merkezi en_US
dc.relation.isversionof https://doi.org/10.18506/anemon.712351 en_US
dc.relation.journal Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi en_US
dc.relation.publicationcategory Makale - Ulusal - Editör Denetimli Dergi en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.subject Corporate Finance (CF) en_US
dc.subject Capital Structure Decisions (CSDs) en_US
dc.subject Agency Theory en_US
dc.title Agency Theory: A Review in Finance en_US
dc.title.alternative Vekalet Teorisi: Finans Alanında Bir İnceleme en_US
dc.type article en_US

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