managers and the stockholders always have a conflict of interests, which is called agency problem . A potential agency problem arises whenever the manager of a firm owns less than 100 percent of its common stock.
AGENCY PROBLEM
Meaning of AGENCY PROBLEM in English
Sean Woo's Finance, GIS and real estate English glossary. Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance. 2012