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 ...

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).

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, ...