根据现代代理理论，代理成本是指委托人基于委托代理关系所产生的各种成本的总称。在现代公司所有权和经营权分离的背景下，公司资产的所有者是委托人，受托经营公司资产的管理者则是代理人。代理成本不仅仅包括管理者增加在职消费和不努力工作带来的额外损失，而且更多地反映? According to modern agency theory, agency costs refer to the various costs incurred by the principal based on the principal-agent relationship. In the background of the separation of ownership and management of the modern company, the owner of the company's assets is the principal, and the manager of the assets entrusted to run the company is the agent. Agency costs not only include managers to increase consumption and work hard to bring the additional loss, but more to reflect?