Across
- 1. goverment intervent by introducing _____ following the collapse of enron and arthur Henderson.
- 2. Uncertainty in agency theory can be classified as _____.
- 7. An agency ________ arises when there is a contract which one party (the principal) engages with other party (agent).
- 8. Under public interest theory if the market left alone, it possibly can operate very ______.
- 9. Example of agent.
- 10. Arises from the conflict of principal and agency.
- 11. The cost incurred fron divergent principal and agent interests despite the use of monitoring and binding.
- 13. Under public interest theory, government intervene in order to get _____.
Down
- 1. Demand for financial information can be categorised as _____.
- 3. Financial information could be seen as a ‘public good’ which had led to a divergence between ______ and benefits to the users.
- 4. the year of which the ASRB by australian was established
- 5. One of the reason of market failure in public interest theory is lack of ______.
- 6. One of the type of agency cost
- 12. The principal will _________ some decision-making authority to the agent.
