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August 7, 2013 15:46
Agency theory suggests that the firm can be viewed as a nexus of contracts (loosely defined) between resource holders. An agency relationship arises whenever one or more individuals, called principals, hire one or more other individuals, called agents, to perform some service and then delegate decision-making authority to the agents. The primary agency relationships in business are those (1) between stockholders and managers and (2) between debtholders and stockholders. These relationships are not necessarily harmonious; indeed, agency theory is concerned with so-called agency conflicts, or conflicts of interest between agents and principals. This has implications for, among other things, corporate governance and business ethics. When agency occurs it also tends to give rise to agency cost...
May 25, 2013 09:14
Business Environments focuses on solutions for today’s office environment. We can develop a specialized workplace solution that meets your company‘s need. The workplace is constantly evolving and new demands are placed on facilities and office workers. Our goal is to provide comfortable and efficient offices throughout your facility. Quality tracking is integral to all of Business Environments’ installations. In our management methodology, we identify all activities that can impact the quality of the installation as defined by the client. These activities are then tracked to ensure the highest quality installation.  ...
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