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2 Ιουν 2017 · This article intends to review the theoretical aspects and empirical evidences made on agency theory. It is aimed to explore the main ideas, perspectives, problems and issues related to the agency theory through a literature survey.
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28 Οκτ 2022 · Agency theory is based on two behavioral assumptions; the first assumes that individuals try to maximize their utility, and the second assumes that individuals tend to benefit from contract ...
5 Απρ 2023 · This chapter aims, firstly, to conduct a literature review on the agency theory, which is the core theory of corporate governance, and, secondly, to further strengthen the theory. It is the...
This essay begins with the economics paradigm of agency theory, which casts a very long shadow over the social sciences, and then traces how these ideas diffuse to and are transformed (if at all) in the scholarship produced in business schools, political science, law, and sociology.
22 Νοε 2023 · Agency theory analyzes contracts within the organizational context which: specify decision-making process, define residual claims, provide mechanisms for control of agency conflicts, and decide about resource allocation.
24 Μαρ 2018 · Agency theory is concerned with problems that arise where one party (the agent) is expected to act in the interests of another party (the principal), but the agent’s own interests may conflict with the principal’s interests, and the principal cannot fully monitor and discipline the agent.
An Overview of Agency Theory. Key Arguments: Principal-Agent Problems and Costs; Criticisms of Assumptions; Alternative Theoretical Perspectives. Principal-Principal Agency Theory; Behavioral Agency Theory; Stewardship Theory; Moving Forward and Final Thoughts; References; Related Articles