Journal of Economics and Business

ISSN 2615-3726 (Online)

ISSN 2621-5667 (Print)

Published: 07 September 2020

Agency Theory, Accounting Based Performance Evaluation Systems and IFRS: A Brief Relational Overview

Bruce Geddes

Keiser University

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10.31014/aior.1992.03.03.271

Pages: 1158-1164

Keywords: Agency Theory, Accounting, Performance Evaluation Systems, IFRS

Abstract

This paper covers multiple related topics. To begin, the use of a performance evaluation system is helpful to the success of an organization (Wu et al., 2018). Performance evaluation systems drive corporate governance by results. The metrics used in the evaluation determine the direction that the executives of a company will govern it; corporate governance influences firm performance (Brahmana et al. 2018). The research topic covered is Agency Theory, its relation to corporate governance on an international scale related to IFRS. The paper concludes the issues with a look at the possible future effect on corporate governance and areas of future research.

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