This article contributes a social justice perspective to the ongoing discussions about concepts that inform career guidance theory and practice. Due field’s psychological tradition, practices often adopt highly individualised notions of agency fail grasp contextual factors societal structures from which emerges. In this an alternative approach is offered by repositioning as relational phenomeno...

This paper investigates the extent to which corporate governance affects the cost of debt and equity capital of German exchange-listed companies. I examine corporate governance along three dimensions: financial information quality, ownership structure and board structure. The results suggest that firms with high levels of financial transparency and bonus compensations face lower cost of equity....

A structural econometric investigation of the agency theory of financial structure We estimate a structural model of financing choices in presence of managerial moral hazard, financial distress costs and taxes. In the theoretical model, firms with low cost of managerial effort, and high financial distress costs and non–debt tax shields, find it optimal to issue equity. Correspondingly the likel...

With the development of China's new energy industry, construction scale offshore wind farm projects is constantly expanding, and ensuing change claims often occur. Reviewing claim items an important responsibility project cost management agency, it link to protect legitimate rights interests both contractor owner. Based on research results existing scholars, this paper analyzed causes for proje...

In the preamble to the Risk Management Program regulations (40 CFR Part 68), EPA endorses the concept of offering sources the option of using third parties to assist owner/operators in meeting their obligations under the rule. EPA recognizes that any third party proposal must: not weaken the compliance responsibilities of source owner/operators, offer cost savings and benefits to the industry, ...

Dividend policy has long been an issue of interest in the financial literature. To date, a number of studies published on agency costs and dividend policy but most of them are on developed markets, It is well known that the emerging markets are quite different from developed markets in all respects. So, the existing published evidence is of limited relevance in identifying the influence of agen...

Government agencies use variants of the first-price sealed-bid auction mechanism to realize low cost, high quality, and on-time delivery when procuring goods and services. In a commonly used approach, agencies announce an incentive function that determines the amount they will pay based on the realized value of an attribute of the work performed, but bids do not explicitly include this attribut...

Information asymmetry among stakeholders is the cause of accounting conservatism, since it leads to the asymmetric loss function which brings in the required mechanism to protect the interest of parties with information disadvantage; Agency theory suggests that stakeholders need conservative accounting reports since conservatism will be reciprocal beneficial for all parties and management incen...

Healthcare spending in Canada has grown rapidly in recent years, especially for drugs. This paper discusses the causes of the problem and makes policy proposals. Conflicts of interest (COIs) are a frequent occurrence in medical research and lead to bias. Published studies, especially in the area of clinical trials on drugs, are much more likely to produce findings favourable to the drug when fu...