Additional employees in the company result in an agency relationship. Other people mean that all the activities and decisions are not undertaken by one individual. The existence of more people in the company may result in agency conflicts since different individuals may have different views on the business and the methods of undertaking some activities. Even though the employees will act as the agent and I as the principal, some decisive power will be left to them, resulting in agency conflicts.
If you expanded and hired additional people to help you, might that give rise to agency problems?
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Academic.Tips. (2023) 'If you expanded and hired additional people to help you, might that give rise to agency problems'. 11 March.
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Academic.Tips. (2023, March 11). If you expanded and hired additional people to help you, might that give rise to agency problems? https://academic.tips/question/if-you-expanded-and-hired-additional-people-to-help-you-might-that-give-rise-to-agency-problems/
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Academic.Tips. 2023. "If you expanded and hired additional people to help you, might that give rise to agency problems?" March 11, 2023. https://academic.tips/question/if-you-expanded-and-hired-additional-people-to-help-you-might-that-give-rise-to-agency-problems/.
1. Academic.Tips. "If you expanded and hired additional people to help you, might that give rise to agency problems?" March 11, 2023. https://academic.tips/question/if-you-expanded-and-hired-additional-people-to-help-you-might-that-give-rise-to-agency-problems/.
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Academic.Tips. "If you expanded and hired additional people to help you, might that give rise to agency problems?" March 11, 2023. https://academic.tips/question/if-you-expanded-and-hired-additional-people-to-help-you-might-that-give-rise-to-agency-problems/.
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"If you expanded and hired additional people to help you, might that give rise to agency problems?" Academic.Tips, 11 Mar. 2023, academic.tips/question/if-you-expanded-and-hired-additional-people-to-help-you-might-that-give-rise-to-agency-problems/.
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