In dry areas, the wind is the principal agent of erosion.

在干旱地区，风是侵蚀的主要因素。

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Such conflicts between shareholders’ andmanagers’ objectives create principal–agent problems.

这些股东和经理人在目标上的冲突会产生委托代理问题（principal-agent problem）。

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This paper is presented how to apply the Principal - Agent mechanism to actualize the dynamic union of virtual enterprises in the agile manufacturing environment.

本文探讨如何利用委托代理机制，实现敏捷制造环境下虚拟企业的动态联盟。

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As time went on though, the principal-agent problem manifested itself in each one.

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One of the worst ideas to come out of academia in the last 50 years is the so-called principal-agent problem.

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Corporate America had a principal-agent problem, they said.

ECONOMIST: Schumpeter