[Download] "Critical Overview of Agency Theory (Report)" by Annals of DAAAM & Proceedings # eBook PDF Kindle ePub Free
eBook details
- Title: Critical Overview of Agency Theory (Report)
- Author : Annals of DAAAM & Proceedings
- Release Date : January 01, 2010
- Genre: Engineering,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
1.INTRODUCTION Prior to intellectual fragmentation of organizational theories in 1970's, structural contingency theory dominated. In order to achieve optimal performance, organizations structurally adjusted to contingent factors meaning size, technology and strategy. Although indeterminate, managerial role was perceived positively. Development of diverse paradigms started in 1970's (Donaldson, 1995). Novel theories critically studied organizational rationality and managerial benevolence. Population-ecology theory, institutional theory, resource dependency theory and organizational economics (Jensen & Meckling, 1976), explicitly and/or implicitly contradicted structural contingency theory.