Agency Theory - Working Knowledge - Harvard Business School

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30 Oct 2018
Working Paper Summaries

Design Rules, Volume 2: How Technology Shapes Organizations: Chapter 5 Complementarity

by Carliss Y. Baldwin

Even as economics has theories about what assets and activities should be grouped together under common ownership and unified governance, in practice it sometimes makes sense to distribute complementary assets, skills, and activities across separate organizations. This paper investigates when and how this happens.

09 May 2017
What Do You Think?

Should Management Be Primarily Responsible to Shareholders?

by James Heskett

SUMMING UP Opinions among James Heskett's readers are divided over a critical corporate governance question: Should management put the shorter-term interests of shareholders over the longer-term needs of the company? Open for comment; Comment(s) posted.

17 Nov 2015
Working Paper Summaries

Self-Interest: The Economist's Straitjacket

by Robert Simons

Research explores the downsides of self-interest on businesses, government, and the economy as a whole.

1