Chief executive compensation - part and parcel of the agency problem: empirical evidence from Pakistan / Mohsin Ali Patel, Aamir Firoz Shamsi and Muhammad Asim.
As per the agency theory, there is a conflict of interest between shareholders and managers. Shareholders are the principal and managers are the agents of a company. Both these parties have different objectives. So, these top executives who are hired to safeguard the interests of shareholders, after...
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Universiti Teknologi MARA, Shah Alam: Accounting Research Institute (ARI),
2018-04.
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