See Also: Shirking(money)
Shirking(finance)
Tight money or dear money(finance)
New Money(money)
Money(medicine)
On the money(money)
big money(dictionary)
money(encyclopedia)
e-money(dictionary)
Pin Money(money)

Shirking (money)


Definition: [crh] 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 consiDefinition: dered an agency cost of equity.