Hello, I am looking for someone to write an essay on Principal-agent theory provides definitive answers to how ownership and control problems should be overcome in particular firms. Discuss. It needs to be at least 1000 words.
As a result of globalization, managing business is considered as a complex situation wherein the business owners should continuously develop strategic ways that can enable the company survive the internal and external business challenges. In relation to the use of principal-agent theory, this study will provide some strategic ways on how ownership and control problems should be overcome. As part of going through the main discussion, some real-life case situations will be analyzed using the principal-agent theory framework.