Ethics and agency theory : an introduction / edited by Norman E. Bowie, R. Edward Freeman. - x, 241 pages : illustrations ; 25 cm. - The Ruffin series in business ethics . - Ruffin series in business ethics. .

Includes bibliographical references (pages 213-228) and index.

Principals, agents, and ethics / J. Gregory Dees -- Agency theory and the ethics of agency / Richard T. DeGeorge -- The theory of agency and organizational analysis / Barry M. Mitnick -- Agents for the truly greedy / Lisa Newton -- Ethics and the new game theory / Gary Miller -- Accounting, principal-agent theory, and self-interested behavior / Kenneth Koford and Mark Penno -- Why be a loyal agent? : a systemic ethical analysis / Ronald F. Duska -- Integrating ethics into doctoral education : the apparent dilemma of agency theory / Wanda A. Wallace -- Conflict of interest : an agency analysis / John R. Boatright -- Agency, conflicts of interest, and creditors' committees : a case study / William E. Lawson.

"Agency theory involves what is known as the principal-agent problem, a topic widely discussed in economics, management, and business ethics today. It is a characteristic of nearly all modern business firms that the principals (the owners and shareholders) are not the same people as the agents(the managers who run the firms for the principals). This creates situations in which the goals of the principals may not be the same as the agents--the principals will want growth in profits and stock price, while agents may want growth in salaries and positions in the hierarchy. The fourth volumein the Ruffin Series in Business, this book explores the ethical consequences of agency theory through contributions by ethicists, economists, and management theorists."--Publisher description.

0195067983 9780195067989

91023384


Business ethics.
Executives--Professional ethics
Corporate culture.
Agency (Law)

HF5387 / .E825 1992

174.4