Agency Theory

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Agency Theory

Definition: Agency Theory

Quick Summary of Agency Theory

A theoretical model, developed by academics, to explain how the relationship between a principal and an agent may have economic consequences.

Cite Term
Sources
Related Phrases

What is the dictionary definition of Agency Theory?

Dictionary Definition

The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/agency-theory/
Modern Language Association (MLA):
Agency Theory. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 07, 2021 https://payrollheaven.com/define/agency-theory/.
Chicago Manual of Style (CMS):
Agency Theory. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/agency-theory/ (accessed: March 07, 2021).
American Psychological Association (APA):
Agency Theory. PayrollHeaven.com. Retrieved March 07, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/agency-theory/

Definition Sources

Definitions for Agency Theory are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February, 2020 | 7 Views.