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To balance the budget, he tapped other government funds and called for broad cuts, including reducing agency spending by seventy million dollars.
The study committee proposed generally reducing agency budgets to their levels in 2006 — the last time Congressional Republicans controlled the budget process — and then freezing them, with no annual inflation adjustments.
Management scholars are beginning to provide empirical evidence that organization identity (OI) can be a powerful means of reducing agency costs.
In certain circumstances, the union may even be construed as an agent of the employer in policing worker effort or indeed of the shareholder principal in reducing agency problems stemming from the divorce of ownership and control in the modern corporation.
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For many academics now, open access is associated with a discourse of regulatory compliance, bureaucracy and indeed reduced agency.
On Wednesday, he announced plans to freeze state hiring immediately and to reduce agency spending by 7percentt, on top of a 3.35percentt cut he implemented earlier this year.
When he became director at the end of 2014, he was keen to expand the number of in-house, experienced social workers and reduce agency staff.
Lemmon and Lins (2003) and La Porta et al. (1999) consider whether ownership structure reduces agency problems between insiders and outsiders that may affect firms' valuations.
Similarly, strong internal framing coupled with a negative OTL experience indicates the students have reduced agency in their ability to learn.
When "going public," firms may seek to concentrate ownership to sequester gains among their owners and reduce agency cost, or they might wish to disperse ownership to enhance aftermarket liquidity.
(2001) show that the trade-off between debt level and managerial ownership is progressively weakened by increasing marginal tax rates on corporate profits as both mechanisms represent alternative solutions to reduce agency costs between managers and shareholders.
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CEO of Professional Science Editing for Scientists @ prosciediting.com