A THEORY OF AGENCY LAW

Technical Reports A Theory of Agency

An Agency Theory of Patent Law: Linking Innovators and Invention Users

S | 48 An Agency Theory of Patent Law: Linking Innovators and Invention Users Richard Gruner Professor, John Marshall Law School Chicago, IL This article presents a reinterpretation of patent laws as components of agency relationships linking innovators and innovation users. In these relationships, patent rights substitute for privately negotiated contract terms tying the interests of persons w...

Law, Agency Costs and Project Finance

We investigate Project Finance as a private response to ine¢ ciencies created by weak legal protection of outside investors. In the context of large investment projects, Project Finance o¤ers a contractual and organizational substitute for investor protection laws by making cash ‡ows veri…able, thereby enhancing debt capacity. Project Finance makes cash ‡ows veri…able through: (i) contractual a...

applying transitivity theory to gender analysis of efl textbook: : a comparative study.

efl/esl textbooks have been regarded as essential language teaching materials with which the learners spend about 70 up to 90 percent of their class time. the important role they play and their vast use make them not only influential in learning the language but also in shaping values and attitudes. put it another way, textbooks socialize learners using their contents (i.e. texts, illustrations...

1 Agency Theory

This note considers the simplest possible organization: one boss (or “Principal”) and one worker (or “Agent”). One of the earliest applications of this Principal-Agent model was to sharecropping, where the landowner was the Principal and the tenant farmer the Agent, but in this course we will typically talk about more familiar organization structures. For example, we might consider a firm’s sha...