Accounting Dissertation | Agency Cost Theory

"The main purpose of this research is to investigate how the determinants of the capital structure (leverage) and the dividend payout policy impact the agency cost theory. Literature review part picked up the relevant material related to agency theory, leverage, and dividends payout policy.

The literature review section goes through the agency cost literature, and explores the financial policies; the capital structure (leverage), and the dividend payout policy and that these policies would influence the agency cost theory."

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Risk Society Theory

This essay will give brief context to the term coined by Ulrich Beck (1992), ‘risk society’, before it discusses the main characteristics of Beck’s theory; risk, individualisation and reflexive modernity, characteristics that all intertwine with one another. Demonstrates a realist approach to risk, throughout some of his writings however he demonstrates a weak version f social constructionalizm. (lupton)

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