Agency theory and accounting research : an overview of some conceptual and empirical issues
Contribuinte(s) |
Hoque, Zahirul |
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Data(s) |
01/01/2006
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Resumo |
This chapter aims to give the reader an overview of agency theory (AT) and its application in accounting research. It delineates the basic assumptions and concepts of AT and identifies the various measures that can be undertaken to minimise agency costs. The chapter also provides a summary of the commonalities and differences across the three major paradigms adopted by accounting researches when using an agency framework: Principal-Agent, Transaction Cost Economics and Positivist (Rochester) model. Further, a review of some recent theoretical and empirical studies on the design of optimal contracts, namely those relating to implicit contracts, multi-agents and multi-period issues is undertaken. Several suggestions are made for future studies adopting an AT-based approach.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Spiramus Press |
Relação |
http://dro.deakin.edu.au/eserv/DU:30018584/subramaniam-agencytheoryand-2006.pdf http://books.google.com.au/books?id=3X3UXIPrqHoC |
Palavras-Chave | #agency theory #agency costs #optimal contracts #performance evaluation #employee compensation |
Tipo |
Book Chapter |