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Agency theory

• The analysis of principal-agent relationships, wherein one person, an agent, acts on behalf of anther person, a principal.

 
 Embedded terms in definition
 Agent
Principal
 
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Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

The possibility that we may fail in the struggle ought not to deter us from the support of a cause we believe to be just. - Abraham Lincoln

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