Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
Search for a Term:

What is Shirking?

Definition of Shirking

The tendency to do less work when the return is smaller. Owners may have more incentive to shirk if they issue equity as opposed to debt, because they retain less ownership interest in the company and therefore may receive a smaller return. Thus, shirking is considered an agency cost of equity.
Do you have a question that has not yet been answered? Let us know.
Tel: +44 (0) 203 8794 460 or Email: support@advfn.com

FTSE 100 Index

FTSE 100 Index intraday chart

Gulf Keystone

Gulf Keystone Chart
 GKP Chart  GKP Chat
 GKP Share Price  GKP Level 2
 GKP Info  Free ADVFN account

Top Investment Questions