The financial definition for Agency theory:
The analysis of
principal-agent relationships, in which one person, an agent, acts on behalf of another person, a
Agency bankAgency bank
A form of organization commonly used by foreign banks to enter the US market.
An agency bank cannot accept deposits or extend loans
in its own name; it acts as agent for the parent bank. It is also the financial
institution that issues ADRs
to the general market.
Agency basisAgency basis
A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.
Agency cost viewAgency cost view
The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing.
Further Suggestions Agency costs
Agency incentive arrangement
Federal agency bond
Federal agency securities
Fiscal agency agreement
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