Meaning Principal-agent relationship
What does Principal-agent relationship mean? Here you find 3 meanings of the word Principal-agent relationship. You can also add a definition of Principal-agent relationship yourself
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Principal-agent relationshipOccurs when one person, an agent, acts on the behalf of another person, the principal.
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Principal-agent relationshipDefinition The arrangement that exists when one person or entity (called the agent) acts on behalf of another (called the principal). For example, shareholders of a company (principals) elect manageme [..]
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Principal-agent relationshipA situation whereby one person, the agent, acts on the behalf of another person, the principal.
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