The DOI matches its Crossref record; 78 of the 78 references it cites were found in a registry or an index.
The Principal's Other Problems: Honest Incompetence and the Specification of Objectives
Abstract
In this article an extension of agency theory based on problems that arise in agency relationships, even when agents are assumed to be honest and dutiful, is put forward. With one exception, these assumptions lead to essentially the same predictions as in standard agency theory, suggesting that effects commonly attributed to self-seeking may be better understood as more fundamental effects of the agency relationship itself. This analysis raises a number of previously unexplored research questions concerning the nature of managerial agency relationships.
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Cites
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Economic Action and Social Structure: The Problem of Embeddedness
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Loasby, B. J., Nelson, R. R., & Winter, S. G. (1983) · The Economic Journal · doi:10.2307/2232409 · Cited by 21,366
A Survey of Corporate Governance
Shleifer, A., & Vishny, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb04820.x · Cited by 16,243
Agency Theory: An Assessment and Review
Eisenhardt, K. M. (1989) · The Academy of Management Review · doi:10.5465/amr.1989.4279003 · Cited by 13,338
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Grimes, A. J., Cummings, L. L., & Staw, B. M. (1986) · Administrative Science Quarterly · doi:10.2307/2392975 · Cited by 10,899
An Evolutionary Theory of Economic Change
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Agency Problems and the Theory of the Firm
Fama, E. F. (1980) · Journal of Political Economy · doi:10.1086/260866 · Cited by 10,466
Personal Knowledge: Towards a Post-Critical Philosophy
Reid, L. A., & Polanyi, M. (1959) · British Journal of Educational Studies · doi:10.2307/3119338 · Cited by 7,538
(2013) · American Economic Review · doi:10.1257/aer.103.6.i · Cited by 7,220
Cited by
Vlaar, P. W. L., Van Den Bosch, F. A. J., & Volberda, H. W. (2007) · Organization Studies · doi:10.1177/0170840607078003 · Cited by 136
Opportunism and Honest Incompetence—Seeking Explanations for Noncompliance in Public Procurement
Kauppi, K., & van Raaij, E. M. (2015) · Journal of Public Administration Research and Theory · doi:10.1093/jopart/mut081 · Cited by 101
Artificial intelligence and administrative evil
Young, M. M., Himmelreich, J., Bullock, J. B., & Kim, K.-C. (2021) · Perspectives on Public Management and Governance · doi:10.1093/ppmgov/gvab006 · Cited by 76
Metadata
- Authors
- Hendry, J.
- Venue
- The Academy of Management Review
- Publisher
- Academy of Management
- Published
- 2002-01
- Volume
- 27
- Issue
- 1
- Pages
- 98
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2154512495
- Cited by
- 361
- References
- 78
- FWCI
- 65.20
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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