Agency theory explores the relationship between principals (such as shareholders) and agents (such as corporate directors or managers) in organizations. When agents and principals' interests come ...

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Scharfstein, David S., and Patrick Bolton. "A Theory of Predation Based on Agency Problems in Financial Contracting." American Economic Review 80, no. 1 (March 1990).

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Battilana, Julie. "Foundations for a Theory of Institutional Entrepreneurship: Solving the Paradox of Embedded Agency." Paper presented at the Academy of Management Annual Meeting, New Orleans, LA, ...