What is Agency Cost and who bears them? An agency cost is a cost of reducing agency conflict among the owner/ principal (stockholders) and managers (agent). We can also say Continue Reading
Conflict Between Shareholders and Creditors
What kind of agency conflict between shareholders and creditors may exist? A conflict between shareholders and creditors is common for the company which uses debt capital to form an optimum Continue Reading
Agency Conflict
What is Agency Conflict? Agency conflict is a common problem we face in an organization, this problem arises because of the difference in the interest of management, owner, and other Continue Reading
What is a Bond
What is a Bond? Questions may arise in your mind that what is a bond. A bond is a financial instrument used by the government or corporations to collect money Continue Reading