A review of implications of informational asymmetry and principal-agent relationship

Younis M. Z. , ÇELİK Y. , Prater G. S.

Public Administration and Management, vol.12, no.2, 2007 (Refereed Journals of Other Institutions) identifier

  • Publication Type: Article / Review
  • Volume: 12 Issue: 2
  • Publication Date: 2007
  • Title of Journal : Public Administration and Management


This is an extension of article published by Younis, Kisa, and Howard in the Researcher, July 2006, entitled "Implications of Informational Asymmetry and Principal-Agent Relationship". In this article the authors will cover the comprehensive review of seminal works for Miller and Rock (1985) and Myers and Majluf (1984), accompanied by a series of short reviews of related empirical studies.