Trust vs. Monitoring - A method to avoid the principal-agent problem on the example of Toyota (eBook, ePUB)

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Seminar paper from the year 2006 in the subject Business economics - Business Management, Corporate Governance, grade: B, University of Applied Sciences Essen (IOM), course: Human Resource Management (MBA), language: English, abstract: The relationship between employer and employee or in general principal and agent is one of the important key determinants that lead to economic success within a firm. In this paper the relationship between principals and agents regarding an efficient performance of monitoring or trust instruments will be discussed. Having set the basic framework, the instruments...

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