agency costs meaning

• [Finance]
  The incremental costs of having an agent make decisions for a principal.

• costs:    Noun: costs & ...
• with costs:    [Law]A phrase appe ...
• agency:    Noun: agency  ...

Examples

1. transfer of control right, corporate performance and agency cost
2. an analysis of agency cost and capital structure
3. agency cost and capital structure optimization
4. research on corporation debt term structure and agency cost theory
5. reward contract and agency costs on comparative performance information