Abstract
The purpose of this book is to study corporate finance law from the perspective of the firm. As discussed earlier in this book, there is always a risk that the firm’s agents will not act in the interests of the firm. The management of agency relationships is therefore an important part of the firm’s risk management. The management of agency also plays an important role in corporate governance. This chapter will discuss how company laws regard the firm as the most important principal whose interests managers have a legal duty to further.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2010 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Mäntysaari, P. (2010). Agency and Corporate Governance. In: The Law of Corporate Finance: General Principles and EU Law. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-02750-5_8
Download citation
DOI: https://doi.org/10.1007/978-3-642-02750-5_8
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-02749-9
Online ISBN: 978-3-642-02750-5
eBook Packages: Humanities, Social Sciences and LawLaw and Criminology (R0)