An Agent Who Lacks Principles…

Often times students become quite disinterested when the topic of agency theory comes up, and they may not completely understand its implications. This short video does a nice job of presenting it in an interesting way in which the students can identify. The context is the relationship between a manager and his assistant, but the discussion can easily be extended to CEOs and the board of directors. Here is another video along similar lines.

Contributed by Tim Folta

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