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Agency Theory: Explaining Principal–Agent Conflicts to Students
Agency Theory is one of the most important theories in management, corporategovernance, economics, and organizational studies. It explains what happens when one party, called the principal, gives another party, called the agent, the authority to act on its behalf. In business, the principal may be the owner, shareholder, investor, government, donor, or client. The agent may be the manager, director, employee, consultant, public official, or professional who makes decisions fo
3 hours ago22 min read


Scientific Racism as a Historical Misuse of Knowledge: Lessons for Ethics, Education, and Social Responsibility
Scientific racism was one of the most harmful misuses of knowledge in modern history. It used the language of #science, measurement, classification, and progress to support false ideas about human hierarchy. Although it presented itself as objective research, it was shaped by #bias, colonial power, social inequality, and political interests. This article studies scientific racism as a historical case of how knowledge can be misused when research is separated from #ethics, soc
4 hours ago25 min read
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