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Volume | 9 |
Issue | 3 |
Online publication date | 2013-10-25 |
Title | Why the traditional principal agent theory may no longer apply to concentrated ownership systems and structures |
Author | Marianne Ojo |
Abstract | This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory may no longer hold in many concentrated ownership structures. |
Citation | |
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Keywords | Principal agent theory, stakeholder theory, informational asymmetries, risk, corporate governance, UK, India, Germany, U.S, Japan |
DOI | http://dx.doi.org/10.15208/beh.2013.16 |
Pages | 87-98 |
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