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Updated: Jan 20, 2026

Equity Theory
01:26

Equity Theory

Published on: September 18, 2025

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Advocating for Equity in Cancer Care

James McCanney1, Terrell Johnson1, Lindsey A M Bandini1

  • 1National Comprehensive Cancer Network, Plymouth Meeting, Pennsylvania.

Related Concept Videos

Equity Theory01:26

Equity Theory

Equity theory explains how our sense of fairness influences the dynamics of close relationships. Rooted in social psychology, the theory posits that individuals evaluate fairness by comparing the ratio of their contributions to the rewards they receive. Relationship satisfaction is highest when these ratios are perceived as balanced between partners, promoting mutual reciprocity and a sense of justice.Equity vs. Equality in RelationshipsEquity is distinct from equality. Fairness does not...
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Cost of Equity01:17

Cost of Equity

In finance, the cost of equity is the return a firm theoretically pays to its shareholders to compensate for the risk they take by investing their capital. Companies need external capital to operate and grow, and the cost of equity helps determine the rate of return required to satisfy equity investors.
This rate represents the shareholders' expectations for the minimum return they should earn, considering the risks involved and the opportunity cost of investing elsewhere. For example, if...
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Shareholder's Equity01:25

Shareholder's Equity

Shareholders' equity represents the value returned to shareholders if a company is liquidated after all debts are paid. It is calculated as the residual value of a company's assets after deducting its liabilities.
For example, if Alpha Corporation has total assets of $600,000 and total liabilities of $400,000, its shareholders' equity would be $200,000. Shareholders' equity comprises common stock, preferred stock, retained earnings, and treasury stock.
Common and preferred stock...
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Interdisciplinary Care: The Health Care Team-I01:21

Interdisciplinary Care: The Health Care Team-I

An interdisciplinary team includes many healthcare professionals working together and utilizing their skills, knowledge, and expertise to provide holistic and quality patient care.
Physicians
The physician's primary responsibility is to diagnose illness and direct the medical or surgical treatment of the condition. The authority to admit patients to a healthcare agency or institution and practice care within that setting is granted to physicians by the healthcare agency or institution...
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Interdisciplinary Care: The Health Care Team-II01:18

Interdisciplinary Care: The Health Care Team-II

An interdisciplinary team includes many healthcare professionals working together and utilizing their skills, knowledge, and expertise to provide holistic and quality patient care. Here are a few more healthcare professionals.
Physical Therapist
A physical therapist (PT) aims to restore function or prevent additional impairment in a patient following an injury or disease. Massage, heat, cold, water, sonar waves, exercises, and electrical stimulation are some treatments used by PTs to treat...
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Standards of Care I01:22

Standards of Care I

Federal statutes profoundly impact nursing practice, providing critical guidelines to ensure patient care is equitable, accessible, and of the highest quality. The following laws address distinct aspects of healthcare provision and patient rights:
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