Empirical Tests of Agency theory in South Africa
AbstractThis paper sets out an alternate test of an agency problem and then investigates how that problem is managed. The remainder of this paper contains six sections. The fist sectuion is an introduction. The second section sets a potential for the agency problem in South Africa. The third section contains a test for the existence of the agency problem. The forth section sets out how this problem can be managed. Research method and discussion of results follow. Finally, conclusions are draw.
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Bibliographic InfoPaper provided by Melbourne - Centre in Finance in its series Papers with number 96-4.
Length: 19 pages
Date of creation: 1996
Date of revision:
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Postal: Centre in Finance, Department of Economics and Finance, Faculty of Business, RMIT GPO Box 2476V Melbourne, Vic 3000 Australia.
Phone: +61 3 9925 5858
Fax: +61 3 9925 5986
Web page: http://www.rmit.edu.au/bus/ecofin
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