Define: Agency Theory

UK Accounting Glossary

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.



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https://payrollheaven.com/define/agency-theory/
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Agency Theory. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 24, 2019 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: August 24, 2019).
American Psychological Association (APA):
Agency Theory. PayrollHeaven.com. Retrieved August 24, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/agency-theory/

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This glossary post was last updated: 23rd December 2018.