RETHINKING AGENCY THEORY: THE VIEW FROM LAW

被引：161

作者：

Lan, Luh Luh ^{[1
]}

Heracleous, Loizos ^{[2
]}

机构：

[1] Natl Univ Singapore, NUS Business Sch, Singapore, Singapore

[2] Univ Warwick, Warwick Business Sch, Coventry CV4 7AL, W Midlands, England

来源：

ACADEMY OF MANAGEMENT REVIEW | 2010年 / 35卷 / 02期

关键词：

CORPORATE SOCIAL PERFORMANCE; TEAM PRODUCTION-MODEL; FINANCIAL PERFORMANCE; STAKEHOLDER THEORY; BOARD COMPOSITION; DIRECTORS; OWNERSHIP; GOVERNANCE; COSTS; FIRM;

D O I：

10.5465/AMR.2010.48463335

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We draw from legal theory to offer a fundamental rethinking of agency theory along three key dimensions: redefining the principal from shareholders to the corporation, redefining the status of the board from shareholders' agents to autonomous fiduciaries, and redefining the role of the board from monitors to mediating hierarchs. These dimensions contrast with classic agency theory, offering novel conceptions that can inform further theorization and empirical research in corporate governance.

引用

页码：294 / 314

页数：21

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