A Review of Implications of Informational Asymmetry and Principal-Agent Relationship
MUSTAFA YOUNIS, YUCUF CELIC, and QWENDLYN PRATER
PAM, Vol. 12 No. 2, (2007)
This is an extension of article published by Younis, Kisa, and Howard in the Researcher, July 2006, entitled “Implications of Informational Asymmetry and Principal-Agent Relationship”. In this article the authors will cover the comprehensive review of seminal works for Miller and Rock (1985) and Myers and Majluf (1984), accompanied by a series of short reviews of related empirical studies.