The Limits and Logic of Agency Theory in Company Law (Routledge Research in Corporate Law) - Image 1

£151.26

Routledge The Limits and Logic of Agency Theory in Company Law (Routledge Research in Corporate Law)

Name: The Limits and Logic of Agency Theory in Company Law (Routledge Research in Corporate Law)
Brand: Routledge
Price: 151.26 GBP
Availability: InStock

International

This is the most expensive it has ever been. Walk away.

£151 today · previous high £151 · all-time low £128

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 72 days · 59 data points (no recent data)

Historical

Generating forecast…

Price Distribution

Price distribution over 72 days • 5 price levels

Days at Price

Current Price

Price Analysis

Most common price: £145 (43 days, 72.9%)

Price range: £128 - £151

Price levels: 5 different prices over 59 days

Description

Agency theory is ubiquitous in company law. This book explores (a) the limits of such deployment, and (b) the logic of how to deploy it. The book makes five linked arguments in respect of the limits of agency theory in company law. First, it argues that agency theory has become so broad that it can be used to analyse most human relationships. Such breadth, though, comes at the expense of legal clarity: as agency relationships cover such a broad range of relationships, there are no normative legal conclusions that can be drawn merely from identifying such a relationship. Second, it argues that we need to differentiate more specific concepts with clearer legal implications, such as externalities, and the particular manifestation of moral hazard that appears in insurance dynamics. Third, it argues that considerable amounts of existing company law theory - which is ostensibly built from agency theory - is in fact based on a series of hidden value judgments at each stage of the analysis. Fourth, it argues that company law theory should use agency theory less to rebalance the discipline: agency theory has become hegemonic, which is dangerous for the discipline, obscures company law’s role in establishing incentives, undermines accountability, and reduces company law’s autonomy. The book then moves to the logic of agency theory and makes three arguments. First, it argues that we need to factor in the company, only apply agency theory to voluntary interactions, and foreground our value judgments when identifying agency relations to do it properly. Second, it argues that it is rational to incur agency costs when we perceive the benefits of doing so to outweigh the costs, meaning that agency costs can be facilitative and we should look to front-end them rather than universally minimise them. Third, it argues that this needs to be undertaken through mandatory laws. Exploring the external limits and internal logic of agency cost analysis, this book will be of interest to academics, students, and researchers of corporate and company law.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1032275405
Category: Books > Subjects > Business, Finance & Law > Law > International
Domain: Amazon UK
Release Date: 12 September 2024
Listed Since: 13 April 2024

Barcode

No barcode data available

Routledge The Limits and Logic of Agency Theory in Company Law (Routledge Research in Corporate Law)

This is the most expensive it has ever been. Walk away.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Agency: Law And Principles

Agency: Law and Principles

Outline Law Agency 4E.P.

The Unauthorised Agent: Perspectives from European and Comparative Law

The Routledge Handbook of Philosophy of Agency

Distributed Agency (Foundations of Human Interaction)

Agency and Change: Rethinking Change Agency in Organizations (Routledge Studies in Organizational Change & Development)

Agency and Partnership Law (The International Library of Commercial Law series)

Routledge Social Agency: Dilemmas and Education (Praxiology)

Commercial Agency – A Practical and Legal Guide

Human Agency and Material Welfare: Revisions in Microeconomics and their Implications for Public Policy

Eu Agencies in between Institutions and Member States ( European Monographs 85) (European Monographs Series)

Collective Agency and Cooperation in Natural and Artificial Systems: Explanation, Implementation and Simulation: 122 (Philosophical Studies Series, 122)

Constraints of Agency: Explorations of Theory in Everyday Life: 12 (Annals of Theoretical Psychology, 12)

Springer Agency at Work: An Agentic Perspective on Learning

Business Associations, Cases and Materials on Agency, Partnerships, and Corporations (University Casebook Series)

Agency and Change: Rethinking Change Agency in Organizations (Routledge Studies in Organizational Change & Development)

Agency Theory and Sustainability in the Global Supply Chain (SpringerBriefs in Business)

Agency: Law and Principles

EU Agencies: Legal and Political Limits to the Transformation of the EU Administration (Oxford Studies in European Law)

A Configuration Approach to Mindset Agency Theory: A Formative Trait Psychology with Affect, Cognition and Behaviour

Agency Theory and Executive Pay: The Remuneration Committee's Dilemma

Business Associations: Cases and Materials on Agency, Partnerships, LLCs, and Corporations - CasebookPlus (University Casebook Series)

Rethinking Agency: Developmentalism, Gender and Rights