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agency cost

查词链接:https://www.dute.org/dict/agency_cost复制链接
代理成本:指代理人与委托人之间的利益冲突所产生的成本,包括信息不对称、道德风险等。
查看英英释义
abstract:
An agency cost is an economic concept concerning the cost to a "principal" (an organization, person or group of persons), when the principal chooses or hires an "agent" to act on its behalf. Because the two parties have different interests and the agent has more information, the principal cannot directly ensure that its agent is always acting in its (the principals') best interests.

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