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Abstrakt

Agency theory is one of the most important foundational theories in management research, but it rests on tenuous cognitive assumptions. We combine classical agency theory with a realistic theory of the intrinsically imperfect human potential for interpersonal sensemaking. This allows us to systematically show how the principal’s ability to mentalize with the agent influences value creation in principal-agent relations, and to link this to organizational sensemaking instruments.
OriginalsprogEngelsk
UdgivelsesstedFrederiksberg
UdgiverInstitut for Strategic Management and Globalization
Antal sider46
ISBN (Trykt)9788791815836
StatusUdgivet - jan. 2013
NavnSMG Working Paper
Nummer1/2013

Emneord

  • Agency theory
  • Value creation
  • Mentalizing
  • Cognitive psychology
  • Reward management

Citationsformater