Problem
1. How does agency theory differ from the equity theories discussed in this chapter?
2. Does the entity theory or the proprietary theory provide a better description of the relationship existing between the large modern corporation and its owners?
3. Why has the entity theory fragmented into avo separate conceptions?
4. Of the nine so-called principles which do you think are the most important in terms of establishing a historical costinasvstern?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.