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Reducing agency problems in incorporated land groups

CollectionsPacific Economic Bulletin (1991-2010)
Title: Reducing agency problems in incorporated land groups
Author(s): Koyama, Samuel Kriss
Publisher: Crawford School of Public Policy, The Australian National University
Asia Pacific Press
The performance of Incorporated Land Groups in the petroleum sector, which were introduced as a mechanism for revenue distribution among landowners, suggests there are significant principal-agent problems arising from their design and oversight. This paper describes the problems that have arisen and suggests ways in which these agency problems may be reduced.
ISSN: 1834-9455 (online)
0817-8038 (print)


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