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has been cited by the following article:
TITLE: A Review of the Relationship between Agency Cost and Corporate Investment Efficiency
AUTHORS: Shan Li
KEYWORDS: Agency Costs, Investment Efficiency, Internal Control, Principal-Agent Problem
JOURNAL NAME: American Journal of Industrial and Business Management, Vol.10 No.4, April 14, 2020
ABSTRACT: Investment is the direct driving force for the survival and development of a corporate. Improving the efficiency of corporate investment is vital to the corporate value. And agency cost directly affects a series of business behaviors and results. This article reviews the agency costs, corporate investment efficiency, and the relationship between them, and studies how to improve corporate investment efficiency from the perspective of reducing agency costs.