Jamal Awil

← The Social Control of Impersonal Trust

Agency relationships grow when barriers block principals from information and property. [causal]

The proliferation of agency relationships derives as much from the increasing scope of production and exchange that creates barriers of access to information and property as from the mere existence of specialization and differentiation and the efficiencies that arise from delegating to agents. Principals entrust agents to bridge the barriers of direct physical access to information and property.

Shapiro, Susan P., The Social Control of Imper…, loc. 23