'agency problem' Tag

• Inspiring leaders crack the agency problem

  October 23, 2012

  Of the multiple traits that distinguish inspiring leaders, I submit that the fundamental undercurrent relates to their ability to crack the agency problem. The theory of the agency problem, or more accurately, agency costs, represents the inherent misalignment in the relationship between an agent and a principal.  Agency costs arise when a company’s employees (the […]

  posted in venture capital by mark bivens