Introduction to Law of Agency: Affiliation and Incentives - a podcast by Lzy Life Guide

Hello friends! Let's continue our discussion on the substantive Law. Join me as I share more about the topic, "Law of Agency". 

Previously, we discussed how the law constrained agents in the 1st class of strategies. In this episode, we are going to examine how the law constrains Agents using the next 2 classes - Affiliation and Incentives 

Intro: (0:00)  

Recap of Strategy 1 - Constraining Agents via Rules and Standards: (0:15)

Strategy 2 - Affiliation via Regulation dictatorship: (0:52) 

Strategy 2A - Entry of agents: (2:23) 

Strategy 2B - Exit of principals: (3:04) 

Strategy 3 - Incentives via Governance atmosphere: (6:22) 

Strategy 3A - Removing perverse Incentives for Trusteeship: (7:38) 

Strategy 3B - Adding concluding Incentives of Reward: (10:10)

Farewell!: (12:36) 

If you like my work, please join fellow viewers by supporting me on Patreon at patreon.com/lzylifeguide  

Credits section: 

1. Audacity

2. Kraakman, The Anatomy of Corporate Law - A Comparative and Functional Approach (2017, Third edition)  

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