Principles and Agents: The Phenomenon of Agency Theory in the Business Sector and the Public Sector

Narastri, Maulidah (2022) Principles and Agents: The Phenomenon of Agency Theory in the Business Sector and the Public Sector. In: The 4th International Conference on Business and Banking Innovations (ICOBBI) 2022.

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Abstract

The business sector and the public sector have similarities, differences, and unique characteristics. The purpose of this paper is to describe and comprehensively describe the business sector and the public sector. The role of principals and agents in any sector is like a double-edged knife. If the principal and agent have the same interests and goals for an entity, then the entity's goals can be achieved in harmony. However, if the principal and agent have different interests and goals, various kinds of conflicts will arise. The most common conflict is the Conflict of Interest. The approach used in this paper is a literature review with secondary sources that can be found when conducting a literature study. The author hopes that there will be future research and writing on similar topics in order to broaden the study of topics regarding the role of principals and agents in various economic and non-economic sectors. Keyword: Principles, Agents, Public Sector, Business Sector, Conflict of Interest

Item Type: Conference or Workshop Item (Paper)
Subjects: 300 - SOCIAL SCIENCE > 330 - 339 ECONOMICS
Divisions: ICOBBI (International Conference of Business and Banking Innovations)
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 22 Jun 2022 03:34
Last Modified: 28 Jun 2022 01:52
URI: http://eprints.perbanas.ac.id/id/eprint/9254

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