Press article, video or other popular media
Year
1997
Abstract
Separation of the ownership (shareholders) and control (managers) in the large companies can lead to a problem of agency, management being oriented according to personal objectives (empire building, perks), different from the shareholders (value). This article reviews the mechanisms that may partially solve this problem of agency.
CHARLETY-LEPERS, P. (1997). Le gouvernement d’entreprise. La lettre du CREST, pp. 1-3.