{"id":"https://openalex.org/W2591576711","doi":"https://doi.org/10.13140/rg.2.2.36017.35687","title":"Agency Theory: A Critical Review","display_name":"Agency Theory: A Critical Review","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W2591576711","doi":"https://doi.org/10.13140/rg.2.2.36017.35687","mag":"2591576711"},"language":"en","primary_location":{"id":"pmh:oai:ojs.localhost:article/34900","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","pdf_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management; Vol 9, No 2 (2017); 1-8","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053932934","display_name":"F\u00e9lix Zogning","orcid":"https://orcid.org/0000-0001-7773-1926","observed_orcids":["https://orcid.org/0000-0001-7773-1926"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Zogning, F\u00e9lix","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Tm Cover","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Tm Cover","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5053932934"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.7889,"has_fulltext":true,"cited_by_count":75,"citation_normalized_percentile":{"value":0.93121403,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":100},"biblio":{"volume":"9","issue":"2","first_page":"1","last_page":"8"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.0008999999845400453,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.9990000128746033},{"id":"https://openalex.org/keywords/principal-agent-problem","display_name":"principal-agent problem","score":0.8799999952316284},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.7070000171661377},{"id":"https://openalex.org/keywords/ceo-compensation","display_name":"CEO compensation","score":0.9210000038146973},{"id":"https://openalex.org/keywords/firm-performance","display_name":"firm performance","score":0.8330000042915344},{"id":"https://openalex.org/keywords/adam-smith","display_name":"Adam Smith","score":0.5979999899864197}],"concepts":[{"id":"https://openalex.org/C200707436","wikidata":"https://www.wikidata.org/wiki/Q1053211","display_name":"Principal\u2013agent problem","level":3,"score":0.8318038582801819},{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.8141528367996216},{"id":"https://openalex.org/C2777488495","wikidata":"https://www.wikidata.org/wiki/Q1742093","display_name":"Remuneration","level":2,"score":0.812265157699585},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7513962984085083},{"id":"https://openalex.org/C36673458","wikidata":"https://www.wikidata.org/wiki/Q392896","display_name":"Agency cost","level":4,"score":0.6703855395317078},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.5704883337020874},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.521669864654541},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.4938138425350189},{"id":"https://openalex.org/C144559511","wikidata":"https://www.wikidata.org/wiki/Q2986279","display_name":"Principal (computer security)","level":2,"score":0.4838525354862213},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4099779427051544},{"id":"https://openalex.org/C118084267","wikidata":"https://www.wikidata.org/wiki/Q26110","display_name":"Positive economics","level":1,"score":0.38008326292037964},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3767456114292145},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.35146909952163696},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.3464864492416382},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.34211891889572144},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.33905184268951416},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.27733004093170166},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.19220653176307678},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.19033026695251465},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.12457355856895447},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.12072998285293579},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:ojs.localhost:article/34900","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","pdf_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management; Vol 9, No 2 (2017); 1-8","raw_type":"info:eu-repo/semantics/article"},{"id":"doi:10.13140/rg.2.2.36017.35687","doi":"https://doi.org/10.13140/rg.2.2.36017.35687","is_oa":false,"landing_page_url":"https://doi.org/10.13140/rg.2.2.36017.35687","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"},{"id":"mag:2591576711","doi":null,"is_oa":false,"landing_page_url":"https://www.iiste.org/Journals/index.php/EJBM/article/download/34900/35901","pdf_url":null,"source":{"id":"https://openalex.org/S2764648571","display_name":"European Journal of Business and Management","issn_l":"2222-1905","issn":["2222-1905","2222-2839"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management","raw_type":null}],"best_oa_location":{"id":"pmh:oai:ojs.localhost:article/34900","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","pdf_url":"http://iiste.org/Journals/index.php/EJBM/article/view/34900","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management; Vol 9, No 2 (2017); 1-8","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2591576711.pdf","grobid_xml":"https://content.openalex.org/works/W2591576711.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2948667847","https://openalex.org/W4361023905","https://openalex.org/W102970506","https://openalex.org/W4252978475","https://openalex.org/W2061566165","https://openalex.org/W4410750531","https://openalex.org/W2621123276","https://openalex.org/W4416115351","https://openalex.org/W2219360017","https://openalex.org/W2171942130"],"abstract_inverted_index":{"The":[0],"agency":[1,52,66],"theory":[2,53],"has":[3],"interested":[4],"several":[5],"disciplines:":[6],"accounting,":[7],"finance,":[8],"economics,":[9],"law,":[10],"political":[11],"science,":[12],"strategy":[13],"or":[14],"organizational":[15],"psychology.This":[16],"theory,":[17],"which":[18],"explains":[19],"the":[20,31,37,42,49,62],"relations":[21],"between":[22],"owners":[23],"and":[24,41,60,68],"managers,":[25],"needs":[26],"to":[27],"be":[28],"revisited":[29],"in":[30,51],"light":[32],"of":[33,39,44,65],"current":[34],"debates":[35],"on":[36],"performance":[38],"companies":[40],"remuneration":[43],"their":[45,69],"CEOs.This":[46],"article":[47],"highlights":[48],"developments":[50],"since":[54],"Adam":[55],"Smith":[56],"postulate":[57],"until":[58],"today,":[59],"revisits":[61],"different":[63],"forms":[64],"problem":[67],"challenges":[70],"for":[71],"corporate":[72],"governance.":[73]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":19},{"year":2023,"cited_by_count":21},{"year":2022,"cited_by_count":13},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2017-03-16T00:00:00"}