Fredrick Oduor Otete

Analysis of the Effects of Agency Costs on Financial Performance of Commercial Banks Listed at the Nairobi Securities Exchange in Mombasa County, Kenya

Fredrick Oduor Otete & Martin Onsiro Ronald · Asian Journal of Economics, Business and Accounting · 2024

Agency costs result from a principal-agent relationship's conflicting interests.  The relationship develops because the principal may not be able to manage the business since they are technologically illiterate, numerous, and geographically spread; as a result, they hire the agen...