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Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States. History [ edit ]
In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").
Principal (academia), the chief executive of a university Principal (education), the head of a school; Principal (civil service) or principal officer, the senior management level in the UK Civil Service; Principal dancer, the top rank in ballet; Principal (music), the top rank in an orchestra
Principal owner(s) Operating entities Purchase price Year Acquired Arizona Diamondbacks: Ken Kendrick: AZPB LP, AZPBI Inc. $130,000,000 1995: Atlanta Braves: Atlanta Braves Holdings Inc. Atlanta National League Baseball Club Inc. $450,000,000: 2007: Baltimore Orioles: David Rubenstein: Baltimore Orioles LP, Baltimore Orioles Inc., Baltimore ...
A business owner often relies on an employee or another person to conduct a business. In the case of a corporation, since a corporation can only act through natural person agents, the principal is bound by the contract entered into by the agent, so long as the agent performs within the scope of the agency.
In many Australian and New Zealand schools, a principal is the head administrator of a school who has been appointed to her/his position by the school board, superintendent, or other body. The principal, often in conjunction with the school board, makes the executive decisions that govern the school, as well as having the authority over the ...
The longest-tenured owner in team history is George Steinbrenner, who was the team's principal owner from 1973 until his death in 2010. Principal owners Jacob ...
Conclusively, their studies indicated business owner (principal) and business employees (agents) must find a middle ground which coincides with an adequate shared profit for the company that is proportional to CEO pay and performance. In doing this risk aversion of employee efforts being low can be avoided pre-emptively.