What are the new type of agency problems and the solutions to the new problems arising ?

Agency problems often known as principal agent concerns or asymmetric conflicts of interest motivated by knowledge are inherent in many organizational structures. This dispute occurs when there are disparate interests between different parties in a business partnership , such a s the managers and shareholders of a company, or principals and agents. Agency issues emerge from asymmetric knowledge situations where one party knows more than the other about something. The manager ,acting as the share holder or principal's agent is expected to make decisions that maximize shareholder wealth, even though maximizing his own wealth is in the best interest of the manager. some ways of mitigating this problems include,

Incentivizing Employees. If agents are behaving in compliance with their own interests, it could be desirable for principals to adjust incentives to redirect these interests. Setting incentives to meet sales targets , for example can lead to more salespeople achieving regular sales goals.

Standard Principal -Agent models. In order to research and propose solutions to problems that arise from conflicts of interest in business relationships, financial  theorists, corporate analysts, and economists frequently use principal-agent models. These models are designed to define and  mitigate costs.