Anadolu Bil Meslek Yüksekokulu Dergisi

Yazarlar: Ercan ÖGE, Seyfi TOP

Konular:-

Anahtar Kelimeler:Agency Cost,Relational Cost,Contract,Tacit Knowledge and Asymmetric Information.

Özet: Agency theory, in modern business, (public and private corporations) and growing businesses described relationship among owner-manager-employee. Also today it is applied to small businesses. In agency approach owners (entrepreneurs, stakeholders and bosses) are foreseen as giving power of attorney and employees, managers, suppliers, customers, etc. are also foreseen as representative of the employer or as an agent. At this relationship employees are employed by protecting the interests of employers and to maximize the interests of ownership. However agents from time to time may pursue their own goals and interests.These differences of interests and purpose may refer the parties to take action against each other. This situation may cause to the relationship, agents, and management transaction. Such general and private transactions may lead to loss and cost must be required the enterprises based on the effectiveness limits within inside and outside the boundaries of firms or keeping in a network a combination of these. At this study, agency approach in the field of management is examined how to manage these different interests and relationships according to its assumption

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