Discover strategies to resolve agency conflicts in corporations, including monitoring, incentives, and contract design, to ...

Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

When a principal hires an agent to carry out specific tasks, the hiring is termed a "principal-agent relationship," or simply an "agency relationship." When a conflict of interest between the needs of ...

The recent coverage around Omnicom’s principal media buying model has pulled back the curtain on a practice that raises serious questions about transparency, neutrality and client-first thinking in ...

AI agents don’t understand context. If their inputs are flawed, the goals poorly specified or correlations spurious, it could be calamitous. In 1976, economists Michael Jensen and William ...

Explore how the principal-agent problem affects government efficiency, elected officials, and industry interactions, causing ...

The relationship between business owners and business management gets complicated when they're not the same people. One approach to understanding it is agency theory: Managers are agents for the ...

Global regulators, including the European Securities and Markets Authority (ESMA) and the UK’s Financial Conduct Authority (FCA), are working on providing clear definitions to clarify what constitutes ...

Omnicom Media Group Australia’s chief operating officer, Kristiaan Kroon, has waded into the principal media debate, arguing that “bundled media” is the real villain — and stressing that the holdco ...