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Agency theory and corporate governance principles: causes of inefficiency in Venezuelan state-owned companies
The purpose of this research is to analyze the causes of loss of efficiency, profitability and bankruptcy, according to Transparency Venezuela (2020a, 2018) of 70% of the five hundred and twenty-six (526) companies held by the Venezuelan state since the current government began in 1999. To this end, the approach of the theory of agency and the principles of corporate governance allow us to demonstrate that the management or governance of a government (agent) with high indexes of perception ofdoaj:de9692a8852a4f1282a082ef3b83ed29 fatcat:o7qewaww7rfvla6ki3bsspmpnu