Reducing agency problems in incorporated land groups
|Collections||Pacific 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.
|191_reducing.pdf||83.51 kB||Adobe PDF|
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