A theory can be supported by facts and evidence, while an opinion is only what someone feels is true.
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A theory is a well-substantiated explanation for a phenomenon based on evidence and research, while an opinion is a personal belief or viewpoint that may not be backed by evidence or research. Theories are subject to testing and revision based on new evidence, while opinions are subjective and based on personal preferences or feelings.
Normative theory focuses on what should be done based on ethical, moral, or societal principles, while historical cost theory values assets at their original purchase price. Normative theory considers broader implications and ethical considerations, while historical cost theory is more concerned with financial accuracy and reliability.
The relevance theory of dividends suggests that dividends impact a firm's value, investor preferences, and information signaling. In contrast, the irrelevance theory of dividends proposes that dividend policy does not affect a firm's value because investors are indifferent between dividends and capital gains.
A theory is a well-supported explanation for phenomena based on observation, experimentation, and analysis. Data refers to the facts, figures, or information collected from experiments, surveys, or observations, which are used to support or refute a theory. In summary, a theory is an overarching explanation, while data are the specific observations that inform and test that theory.
Both are about relationships between principle and agent, such as owners hiring a manager to make decisions.The agency theory believes that managers if left unattended will make decisions based on self-interest.In contrast, the stewardship theory believes that if given authority andresponsibility, the agent can act on behalf of the principle.It is a difference in perspectives, and the result is that companies give high incentives so that managers act in the interests of owners (agency theory)
The difference between these theories is that the Equity theory basically states that you get from a relationship what you put in to it and the social exchange theory is about getting everything you can from a relationship with out giving back.