Shirking

The tendency to do less work when the return is smaller. Owners may have more incentive to shirk if they issue equity as opposed to debt, because they retain less ownership interest in the company and therefore may receive a smaller return. Thus, shirking is considered an agency cost of equity. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • shirking — index disinclined, truant Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Shirking — Shirk Shirk, v. t. [imp. & p. p. {Shirked}; p. pr. & vb. n. {Shirking}.] [Probably the same word as shark. See {Shark}, v. t.] 1. To procure by petty fraud and trickery; to obtain by mean solicitation. [1913 Webster] You that never heard the call …   The Collaborative International Dictionary of English

  • shirking — The tendency to do less work when the return is smaller. Owners may have more incentive to shirk if they issue equity as opposed to debt, because they retain less ownership interest in the company and therefore may receive a smaller return. Thus …   Financial and business terms

  • Shirking — Drückeberger ist eine Wortschöpfung aus dem 19. Jahrhunderts und bezeichnet einen Menschen, der sich der Übernahme oder Ausführung einer Tätigkeit entzieht. Inhaltsverzeichnis 1 Etymologie 2 Deutungen 3 Literatur 4 Einzelnachweise // …   Deutsch Wikipedia

  • Shirking — ⇡ Tournamententlohnung …   Lexikon der Economics

  • shirking — ʃɜrk /ʃɜːk v. evade one s duty, avoid fulfilling a responsibility …   English contemporary dictionary

  • shirking — noun the evasion of work or duty (Freq. 1) • Syn: ↑slacking, ↑soldiering, ↑goofing off, ↑goldbricking • Derivationally related forms: ↑goldbrick (for: ↑ …   Useful english dictionary

  • shrinking from — shirking, evading, avoiding …   English contemporary dictionary

  • Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …   Wikipedia

  • Salarios de eficiencia — Saltar a navegación, búsqueda En economía, los salarios de eficiencia son un concepto que se encuadra en el nuevo keynesianismo (especialmente utilizado por los economistas Carl Shapiro y Joseph E. Stiglitz en 1984[1] ) para explicar una parte… …   Wikipedia Español

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