This video covers Agency Theory. Agency Theory deals with what happens when we separate the ownership and control of resources. The agency problem is especially pronounced between owners and managers of firms, but can be found in almost every area of human life.
Reference:
Panda, Brahmadev, and N. M. Leepsa. "Agency theory: Review of theory and evidence on problems and perspectives." Indian Journal of Corporate Governance 10.1 (2017): 74-95.
