Agency theory: related pages

The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.

The systems used to control corporations, and in particular deal with conflicts of interest between shareholders and managers (agency problems).

The theory of finance including securities valuation and capital structure.

The limitation of liability for a corporation's debt to the corporation itself, shielding its owners (e.g. shareholders).

Refers to the likelihood of a person or organisation willing to take on more risk as they are covered by insurance.

Action by shareholders to intervene in the running of a company.