... on governance tends to produce inconsistent results on firm outcomes. Thus, the article paves the way for a more considered configurational governance perspective under the auspices of agency theory. Design/methodology/approach The current perspective article results from a concise and focused literature...

...Min Suk Lee; Nongnapat Thosuwanchot Purpose This study examines the effect of financial constraints on firms’ decision to form strategic alliances as a choice of growth strategies. Drawing on agency theory, we argue that financially constrained firms engage in strategic alliances to a greater...

... on how PhD scientist directors can influence the performance of firms conducting hard science. Two primary theories are used to explain the role of corporate governance. Jensen and Meckling (1976) formalized the agency theory by describing the competing objectives of owners, who seek risk and wealth...

...-to-performance or pay-to-risk links. However, in this paper, the authors combine both the performance and risk dimensions simultaneously. For decades, management scholars have employed agency theory tenets in their research on managerial decision making, incentives, performance, and corporate governance...