If business is to address its conflicts with an expanding government, it must ensure that its external relations departments are well managed. To do so, corporate managers must manage the border ...

Economists devote a good deal of attention to what they call the “principal-agent problem,” defined to include the whole nest of conflicts of interest and moral hazards that arise when one party ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...

There's one argument floating around out there about the soaring inequality of the modern day and the manner in which CEO pay at public companies has risen so much. That argument being that as ...

Why exclude state-owned enterprises (SOEs) from equity allocations? This a natural first question investors tend to ask when they hear of WisdomTree’s suite of ex-state-owned equity ETFs. The ...

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 ...

A few months ago, I wrote that “one of the main problems in finance is the principal-agent problem, and one of the main forms that it takes is steak dinners.” You know the deal. You want something ...

As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Kirk McDonald, president at PubMatic. Many ...

Michael Douglas, in his Academy Award winning portrayal of Gordon Gekko in the movie “Wall Street,” declares in his famous “greed” speech that the company has “33 different vice presidents” that are ...

The Review of Economic Studies, Vol. 55, No. 3 (Jul., 1988), pp. 391-407 (17 pages) In repeated principal-agent models, long-term contracts can improve on short-term contracts only if they commit ...