Corporate governance revolves around the relationship between which two parties?
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relationship among stakeholders that is used to determine and control the direction and performance of organizations.
agency relationship
exists when one or more persons (the principal or principals) hires another person or persons (the agent or agents) as a decision-making specialist to perform a service.
managerial opportunism
the seeking of self-interest with guile (i.e., cunning or deceit) where opportunism is represented by an inclination toward self-seeking behaviors.
agency relationship
exists when one or more persons (the principal or principals) hires another person or persons (the agent or agents) as a decision-making specialist to perform a service.
managerial opportunism
the seeking of self-interest with guile (i.e., cunning or deceit) where opportunism is represented by an inclination toward self-seeking behaviors.
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