 In this section, I will be describing the tools that can help us in reducing the principal agent problem. So principal agent problem arises that the people through whom you are executing the business, who manage the entire business, and the people who are the owners of the business, i.e. those who have bought shareholders, the objectives of both of them are found to be contradictory. Because of which, we have to experience the principal agent problem. So how can we eliminate or reduce this particular problem called the principal agent problem? One way is to produce the information through monitoring, that we monitor all the working of the managers, that what kind of expenses they are doing, what kind of costs are involved in the processes, what is the total income that has been generated, and what are the different heads where the expenses have gone. So what is the use of producing this particular information, that you are cutting down the moral hazard, you are cutting down the information asymmetry. To monitor it, basically what is the use of auditing firms, and to audit them, they have to bring all the expenses to the record, and then they have to rationalize what are the reasons for all these expenses. But there is also a problem in this, because when you are producing all this information for the audit purpose, or for sharing with the shareholders, there is a lot of money spent on this information. So for verification, you have to incur costs, production of information also involves a lot of costs. So this can be like moral hazard, but at the same time you will have to bear extra cost, in order to maintain the books, in order to share the data, in order to keep an eye or monitor, the information produced that can end up in increasing the overall costs. Thank you.