Topic
Principal (commercial law)
About: Principal (commercial law) is a research topic. Over the lifetime, 1579 publications have been published within this topic receiving 35379 citations. The topic is also known as: Principal (commercial law).
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TL;DR: In this article, the authors present empirical results testing agency theory and show that agency issues do have a significant influence on the contribution from internal investigations, but the influence is not necessarily negative.
Abstract: Agency theory suggests that problems in terms of conflicting preferences, knowledge asymmetry and different attitudes towards risks can have a negative impact on work outcome from the agent to the principal. In private internal investigations, the client is the principal, while the fraud examiner is the agent. Based on a sample of 49 reports of investigation from Norway, this article presents empirical results testing agency theory. Results indicate that agency issues do have a significant influence on the contribution from internal investigations, but the influence is not necessarily negative. While different attitudes towards risk have a negative impact, knowledge asymmetry has a positive impact on the contribution from an investigation. A possible explanation for this surprising result is that examiners are experts in other areas than the client, which is the reason why examiners are hired by clients.
2 citations
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TL;DR: The United States made trade secret misappropriation a federal crime in 1996 through enactment of the Economic Espionage Act as discussed by the authors, and the principal provisions of that Act, the seminal case law, and the implications for labor mobility between firms and across countries.
Abstract: The United States made trade secret misappropriation a federal crime in 1996 through enactment of the Economic Espionage Act. This paper explores the principal provisions of that Act, the seminal case law, and the implications for labor mobility between firms and across countries.
2 citations
TL;DR: In this article, the impact of cyber warfare in light with international humanitarian law and assessed the notion of cyber-warfare, conduct of hostilities, legal framework, monitoring mechanisms as well as current challenges.
Abstract: Cyber warfare is a new phenomenon and scenario under International Humanitarian law. This paper was basically portrayed the impact of cyber warfare in light with international humanitarian law and assessed the notion of cyber warfare, conduct of hostilities, legal framework, monitoring mechanisms as well as current challenges. Moreover, critical legal analysis is used as principal methodology. Major findings of the research revealed that there are plethora of issues to be underlined save as absence of binding treaty governing the challenging scenarios. Recommendations are made by suggesting points of improvement until the international community has agreed on this cross-cutting contemporary issue.
2 citations
TL;DR: Wang et al. as mentioned in this paper pointed out that China's national compensation system for wildlife violations is inadequate in the aspects of the relief principal, the compensation standard and fund, resulting in unfair or unreasonable compensation for the victims, as should be further improved.
Abstract: According to law, protecting wild animals is every citizen's duty. But when some people are hurt by wild animals, the state compensation is an effective means of relief. At present, China's national compensation system for wildlife violations is inadequate in the aspects of the relief principal, the compensation standard and fund, resulting in unfair or unreasonable compensation for the victims, as should be further improved.
2 citations