Agency theory Agency theory identifies the agency relationship where one party‚ the principal‚ delegates work to another party‚ the agent. In the context of a corporation‚ the owners are the principal and the directors are the agent. This model of corporate governance and subsequent research focused on resolving conflicts of interest between corporate management and shareholders (Jensen and Meckling‚ 1976) and has largely adopted an agency theory approach. Key assumption is that the principals and
Premium Corporate governance Board of directors Audit
for tax computations‚ for management decisions and quotations from lending institutions. Thus‚ it can clearly be seen why independence and objectivity are important in the statements. Thus‚ some kind of measure is needed. A true and fair view is one of the bedrock principles of preparing financial information. This can be linked back to the four basic concepts on presenting this information: going concern‚ accruals (matching)‚ consistency‚ and prudence. As stated in Financial Accounting
Premium Management Mind Thought
Bibliography: 1. Organisational Behaviour- K. Aswathappa‚ G. Sudarsana Reddy 2. Modern Learning Theory – T.Tighe 3. Psychology of Learning and Behavior 4. Schwartzhttp://www.answers.com/topic/learning 5. en.wikipedia.org/wiki/Learning 6. http://www.learning-theories.com/
Premium Learning Psychology Educational psychology
Conflict Theory Conflict theorists do not believe that public schools reduce social inequality. Rather‚ they believe that the educational system reinforces and perpetuates social inequalities arising from differences in class‚ gender‚ race‚ and ethnicity. Where functionalists see education as serving a beneficial role‚ conflict theorists view it more negatively. To them‚ educational systems preserve the status quo and push people of lower status into obedience. The fulfillment of one’s education
Premium Social class Sociology Education
Sociological Views of Poverty Michelle Williams-Thomas Sociology 101 Professor Yelena Gidenko February 12‚ 2012 At the beginning of the twentieth century‚ the most common reasons people died were accidents or communicable diseases like pneumonia. Today‚ millions die each day from poverty. How can poverty be defined? And what is the difference between absolute and relative poverty? In the paper I will address these issues along with sociological views of poverty. Poverty is a
Premium Poverty
Statement of purpose of review Abortion is a controversial topic in society‚ and as such‚ has not been thoroughly explored from different theoretical perspectives. Through the research methods survey we would like to identify abortion decisions under varied conditions‚ deciding whether to terminate a life-threatening pregnancy in different circumstances. We would like to understand what people from different countries‚ religions and cast feel about abortion. We would like to revisit the sensitive
Premium Gender Abortion Pregnancy
behaviors. I. The Psychobiological approach (the perspective that personality is determined by biological factors). temperament -- a person’s characteristic emotional state‚ first apparent in early infancy and possibly inborn. A. Hippocrates’ view -- According to Hippocrates‚ temperament is determined by a person’s level of 4 different body fluids‚ called humors. 1) Blood was associated with a cheerful‚ or sanguine temperament. 2) Phlegm assoc. with a calm‚ or phlegmatic temperament. 3) Black
Premium Personality psychology Psychology Behaviorism
For example‚ if children are supposed to raise hands to get called on‚ we might reinforce a child who raises his hand by using praise‚ "Thank you for raising your hand." Other influential behaviorists include B.F. Skinner (1904-1990) and James B. Watson
Premium Psychology Behaviorism Operant conditioning
In this essay I aim to describe two theories (Equity Theory and Social exchange theory) of relationships and to consider how they might influence the therapist engaged in couples counseling‚ noting their similarities and differences. Equity theory is a theory about fairness. Its application to close relationships has been primarily advanced by Elaine Hatfield (previously known as Elaine Walster) and her colleagues in the book Equity: Theory and Research (Walster‚ Walster‚ and Berscheid 1978). The
Premium Interpersonal relationship Social exchange theory Exchange
societies and because of that contraception and abortion approval rates are very low. Although little by little progress is being made towards achieving women’s rights‚ women will encounter a struggle because we live in a world dominated by conservative views and it has proven very hard for women to get approval when it comes to their choice about having an abortion. It is not surprising that many men feel authority over females‚ this societal norm is commonly accepted by many and it continues to be passed
Premium Gender Gender role Sociology