Agency Theory

He is author of the foundations of the agency theory that the underwriting contract is between the subscribers themselves, and that the first subscribed when they accept to be a member of a legal status in the project for he tends to give the founding agency implicitly delegated it to appoint other subscribers to adhere to them in quick succession, and then all the underwriters committed to each other about the for some the other, and is performed so that the founders were not only representatives of the subscribers is determined by their conclusion of a subscription contract between all the subscribers, the legal relationship between the founders or subscribers organized implied agency, including rules and adds Faqih (Brimann), which lay the groundwork for the agency theory that the subscription contract concluded between all the subscribers and what the founders, but the work of a group of subscribers managers. Of the show's former point of view of those who say the theory of the agency notes that the IPO from the point of view held are among the underwriters mediated founders, Valmasson as individuals who have taken it upon themselves to eject the company's project to important legal existence, but are agents for the subscribers in the conclusion of the subscription contract.

The agency theory of a type of accounting theories that have emerged on the effect of the multiplicity and increase accounting problems which may Istadm their various professions was followed by a large plurality in accounting procedures, which have been mixed for the group and is also synonymous concepts and accounting principles, which is the Agency Theory One kinds.

Agency theory this is a framework from within the frameworks by which study accounting problem, both academic and the agency theory agency theory general sense on the basis of a relationship between two or more parties which are authentic and the agent is based on a set of assumptions which are as follows:

1. Atsaf the outskirts of the relationship of economic meaning wisdom.

2. The difference in both inherent and agent preferences.

3. can motivate the agent to bear the responsibility and the performance of his duties.

It has its problems and constraints, costs and Taattabiqatha in the area of ​​cost accounting and accounting and management and preparing budgets and Hnlk torrent of foreign research in this regard for both kaplan - jensen - zimmerman there is also a flood of Arab research.