what agency relationship exists within a corporation
Wiki User
∙ 14y agowhen an employee work in the best interest of the organisation
what agency relationship exists in a corporation?
The primary reason for the divergence of objectives between managers and shareholders has been attributed to separation of ownership (shareholders) and control (management) in corporations. As a consequence, agency problems, or principal-agent conflicts exist in the firm.
The reason that corporations exist is to serve people. They are there to provide jobs, services, products, and benefits.
Who started the first health insurance agency in the us that specialized in hispanic owned corporations?
Federal Trade Commission
There are hundreds of domestic corporations in the Philippines. A list of all domestic corporations can be obtained from the Philippine taxing agency.
The Department of Corporations was California's main agency dealing with the registration and monitoring of corporations. In July 2013 the Department of Corporations and the Department of Financial Institutions merged to form the Department of Business Oversight.
Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.
Corporations, dude.
"Corporations" did NOT exist in the 1830s, and in fact, there were very few "companies".
There are various types of corporations, including C corporations, S corporations, nonprofit corporations, and foreign corporations. C corporations are the most common and have no restrictions on the number or type of shareholders. S corporations are more limited in terms of ownership and taxation benefits. Nonprofit corporations are organized for charitable, educational, religious, or other purposes, while foreign corporations are formed in one country but operate in another.