How principle-agent relationship play role in corporate


Question: The new leadership and focus on principle-agent relationship has played a big role in corporate governance. Agency theory and the "new" paradigm (e.g., entrepreneurial structures or decentralization) seem to be more compatible than with top-down draconian-like management. As Corporations emphasis efficiency and cost-savings, new adaptive leadership has been used for implemented for managing companies and organizations. Do you think organizational management nowadays has created new leadership styles based on the new environment?

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