On Effective Mutual and Hierarchical Monitoring: From a Historical Perspective

Volume: 

10

Number: 

1

Published date: 

June, 2006

Authors: 

Der-Yuan Yang

Abstract: 

The operation of a political regime or a business entity involves the principal-agent problem. Checks and balances are the theme in the political arena, while management and controlling are the routine in the business world. To ensure that the ministers o

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