Volume : IV, Issue : V, May - 2014

Corporate Governance and Agency Cost

Shubhi Agarwal, Rohit Goel, Pushpendra Kumar Vashishtha

Abstract :

Corporate governance is the wide term that explains the processes, customs, policies, laws, and institutions that directs the organisations and corporations in the way they act, administer and control their operations. Corporate governance is assisting in increasing the performance of firm and raises the long term value of shareholder by making managers more accountable. It also reduces the conflict of ownership and control by separately define the interest of shareholders and managers. This paper intends to present the concept of corporate governance and agency cost. This paper also highlights that the principal–agent problem can be reduced due to effective corporate governance mechanisms in the corporations

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Shubhi Agarwal, Rohit Goel, Pushpendra Kumar Vashishtha Corporate Governance and Agency Cost Indian Journal of Applied Research, Volume.4, Issue.5, May-2014

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