Professor Emeritus, University of South Florida
Agency Theory Main Page | Theories Main Page
Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida
Agency
Theory Main Page | Theories
Main Page
Aboody, D. and R. Kasznik. 2008. Executive stock-based compensation and firms’ cash payout: The role of shareholders’ tax-related payout preferences. Review of Accounting Studies 13(2-3): 216-251.
Abrahamson, E. and C. Park. 1994. Concealment of negative organizational outcomes: An agency theory perspective. The Academy of Management Journal 37(5): 1302-1334.
Agoglia, C. P., R. C. Hatfield and T. A. Lambert. 2015. Audit team time reporting: An agency theory perspective. Accounting, Organizations and Society (44): 1-14.
Ahn, T. S., I. Hwang and M. Kim. 2010. The impact of performance measure discriminability on ratee incentives. The Accounting Review (March): 389-417. (The study considers the effect of discriminability on agent performance).
Albrecht, W. S., C. C. Albrecht and C. O. Albrecht. 2004. Fraud and corporate executives: Agency, stewardship and broken trust. Journal of Forensic Accounting (5): 109-130.
Ali, C. B., S. Boubaker and M. Magnan. 2020. Auditors and the principal-principal agency conflict in family controlled firms. Auditing: A Journal of Practice & Theory 39(4): 31-55.
Allen, F. and D. Gale. 2000. Corporate governance and competition. In Vives, X. (ed) Corporate Governance: Theoretical and Empirical Perspectives. Cambridge University Press.
Amberger, H. J., K. S. Markle and D. M. P. Samuel. 2021. Repatriation taxes, internal agency conflicts, and subsidiary-level investment efficiency. The Accounting Review (July): 1-25.
Amershi, A. H., R. D. Banker and S. M. Datar. 1990. Economic sufficiency and statistical sufficiency in the aggregation of accounting signals. The Accounting Review (January): 113-130.
Antle, R. and A. Smith. 1985. Measuring executive compensation: Methods and an application. Journal of Accounting Research (Spring): 296-325.
Antle, R. and A. Smith. 1986. An empirical investigation of the relative performance evaluation of corporate executives. Journal of Accounting Research (Spring): 1-39.
Antle, R. and J. S. Demski. 1988. The controllability principle in responsibility accounting. The Accounting Review (October): 700-718.
Archer, M. S. 1996. Culture and Agency: The Place of Culture in Social Theory. Cambridge University Press.
Archer, M. S. 2003. Structure, Agency and the Internal Conversation. Cambridge University Press.
Armstrong, C. and T. Blackburne. 2012. Discussion of "Do voting rights matter? Evidence from the adoption of equity-based compensation plans". Contemporary Accounting Research 29(4): 1237-1248.
Armstrong, P. 1991. Contradiction and social dynamics in the capitalist agency relationship. Accounting, Organizations and Society 16(1): 1-25.
Arnold, V. 2010. Discussion of 'Continuous monitoring and the status quo effect'. International Journal of Accounting Information Systems 11(3): 253-256.
Arthurs, J. D., R. E. Hoskisson, L. W. Busenit and R. A. Johnson. 2008. Managerial agents watching other agents: Multiple agency conflicts regarding underpricing in IPO firms. The Academy of Management Journal 51(2): 277-294.
Arya, A. and B. Mittendorf. 2005. Offering stock options to gauge managerial talent. Journal of Accounting and Economics (December): 189-210.
Arya, A. and J. Glover. 1996. Verification of historical cost reports. The Accounting Review (April): 255-269.
Arya, A. and J. Glover. 2001. Option value to waiting created by a control problem. Journal of Accounting Research (December): 405-415.
Baber, W. R., P. L. Daniel and A. A. Roberts. 2002. Compensation to managers of charitable organizations: An empirical study of the role of accounting measures of program activities. The Accounting Review (July): 679-693.
Baber, W. R., S. Kang, and K. R. Kumar. 1998. Accounting earnings and executive compensation:: The role of earnings persistence. Journal of Accounting and Economics (27 May): 169-193.
Baber, W. R., S. Kang and K. R. Kumar. 1999. The explanatory power of earnings levels vs. earnings changes in the context of executive compensation. The Accounting Review (October): 459-472.
Baber, W. R., S. N. Janakiraman and S. Kang. 1996. Investment opportunities and the structure of executive compensation. Journal of Accounting and Economics (June): 297-318.
Badertscher, B. A., S. P. Katz and S. O. Rego. 2013. The separation of ownership and control and corporate tax avoidance. Journal of Accounting and Economics (November-December): 228-250.
Baiman, S. 1982. Agency research in managerial accounting: A survey. Journal of Accounting Literature (1): 154-213.
Baiman, S. 1990. Agency research in managerial accounting: A second look. Accounting Organizations and Society 15(4): 314-371.
Baiman, S. and K. Sivaramakrishnan. 1991. The value of private pre-decision information in a principal-agent context. The Accounting Review (October): 747-766.
Baiman, S. and M. V. Rajan. 1994. On the design of unconditional monitoring systems in agencies. The Accounting Review (January): 217-229.
Baiman, S. and M. V. Rajan. 1995. The informational advantages of discretionary bonus schemes. The Accounting Review (October): 557-579.
Baiman, S. and R. E. Verrecchia. 1995. Earnings and price-based compensation contracts in the presence of discretionary trading and incomplete contracting. Journal of Accounting and Economics (July): 93-121.
Baiman, S., J. H. May and A. Mukherji. 1990. Optimal employment contracts and the returns to monitoring in a principal-agent context. Contemporary Accounting Research 6(2): 761-799.
Baker, G. P. 1987. Discussion of an analysis of the use of accounting and market measures of performance in executive compensation contracts. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 126-129.
Balachandran, B. V. 1990. Discussion of “Optimal employment contracts and the returns to monitoring in a principal-agent context”. Contemporary Accounting Research 6(2): 800-803.
Balachandran, S., M. E. Carter and L. J. Lynch. 2004. Sink or swim? Firm's responses to underwater options. Journal of Management Accounting Research (16): 1-18.
Balachandran, S. V., P. Joos and J. Weber. 2012. Do voting rights matter? Evidence from the adoption of equity-based compensation plans. Contemporary Accounting Research 29(4): 1204-1236.
Balakrishnan, R. 1991. Information acquisition and resource allocation decisions. The Accounting Review (January): 120-139.
Balakrishnan, R., G. Drymiotes and K. Sivaramakrishnan. 2019. The effects of biasing performance measurement systems on incentives and retention decisions. Contemporary Accounting Research 36(2): 1098-1121.
Baldenius, T., J. Glover and H. Xue. 2016. Relational contracts with and between agents. Journal of Accounting and Economics (April-May): 369-390.
Ballou, B., D. L. Heitger and T. D. Schultz. 2010. The actions-to-value framework: Linking managerial behavior to organizational value. Management Accounting Quarterly (Summer): 1-9.
Balsam, S. and S. Miharjo. 2007. The effect of equity compensation on voluntary executive turnover. Journal of Accounting and Economics (March): 95-119.
Banker, R. D., G. Potter and D. Srinivasan. 2000. An empirical investigation of an incentive plan that includes nonfinancial performance measures. The Accounting Review (January): 65-92.
Banker, R. D., M. Darrough, S. Li and L. Threinen. 2019. The value of precontract information about an agent's ability in the presence of moral hazard and adverse selection. Journal of Accounting Research (December): 1201-1245.
Banker, R. D., S. M. Datar and A. Maindiratta. 1988. Unobservable outcomes and multiattribute preferences in the evaluation of managerial performance. Contemporary Accounting Research 5(1): 96-124.
Banker, R. D., S. M. Datar and M. J. Mazur. 1990. Testing the optimality of a performance evaluation measure for a gainsharing contract. Contemporary Accounting Research 6(2): 809-824.
Barenbaum, L., T. F. Monahan and W. Schubert. 1995. Integrating research and practice in accounting education: The case of executive stock options. Journal of Accounting Education 13(2): 207-222.
Barkema, H. G. and L. R. Gomez-Mejia. 1998. Managerial compensation and firm performance: A general research framework. The Academy of Management Journal 41(2): 135-145.
Barker, J. R. 2018. Book review: B. H. J. M. Brummans (ed.): The Agency of Organizing: Perspectives and Case Studies. Administrative Science Quarterly 63(3): NP37-NP39.
Barnes, S. B. 2000. Understanding Agency: Social Theory and Responsible Action. Sage Publications.
Bass, A. W. 1930. Executive and key men bonuses. N.A.C.A Bulletin (September 15): 89-97.
Beatty, A., R. Petacchi and H. Zhang. 2012. Hedge commitments and agency costs of debt: Evidence from interest rate protection covenants and accounting conservatism. Review of Accounting Studies 17(3): 700-738.
Beatty, R. P. and E. J. Zajac. 1994. Managerial incentives, monitoring, and risk bearing: A study of executive compensation, ownership, and board structure in initial public offerings. Administrative Science Quarterly 39(2): 313-335.
Bebchuk, L. and J. M. Fried. 2004. Pay without Performance: The Unfulfilled Promise of Executive Compensation. Harvard University Press.
Bender, R. and B. Porter. 2003. Setting executive directors' remuneration in listed companies. Journal of Applied Management Accounting Research (Summer): 27-47.
Benston, G. J. 1985. The self-serving management hypothesis: Some evidence. Journal of Accounting and Economics (April): 67-84.
Berger, P. G. and R. N. Nann. 2007. Segment profitability and the proprietary and agency costs of disclosure. The Accounting Review (July): 869-906.
Berrone, P. and L. R. Gomez-Mejia. 2009. Environmental performance and executive compensation: An integrated agency-institutional perspective. The Academy of Management Journal 52(1): 103-126.
Billings, B. A., X. Gao and Y. Jia. 2014. CEO and CFO equity incentives and the pricing of audit services. Auditing: A Journal of Practice & Theory 33(2): 1-25.
Bizjak, J. M., J. A. Brickley and J. L. Coles. 1993. Stock-based incentive compensation and investment behavior. Journal of Accounting and Economics (January-July): 349-372.
Black, D. E. and S. S. Dikolli. 2013. Discussion of: Divestitures of equity by executives and future equity granting patterns. Journal of Management Accounting Research (25): 25-33.
Blazovich, J. L., G. R. Huston and J. M. Huston. 2014. Creating an executive compensation plan: A corporate tax planning case. Issues in Accounting Education (November): 1-8.
Boedker, C. and W. F. Chua. 2013. Accounting as an affective technology: A study of circulation, agency and entrancement. Accounting, Organizations and Society 38(4): 245-267.
Bol, J. C. and F. Moers. 2010. The dynamics of incentive contracting: The role of learning in the diffusion process. Accounting, Organizations and Society 35(8): 721-736.
Bolt-Lee, C. E., D. B. Farber and S. R. Moehrle. 2011. Highlights of corporate governance research. Journal of Accountancy (September): 34-39.
Bolton, P. and M. Dewatripont. 2005. Contract Theory. The MIT Press.
Bonner, S. E. and G. B. Sprinkle. 2002. The effects of monetary incentives on effort and task performance: Theories, evidence, and a framework for research. Accounting, Organizations and Society 27(4-5): 303-345. (Summary).
Booth, P. and A. K. D. Schulz. 2004. The impact of an ethical environment on managers' project evaluation judgments under agency problem conditions. Accounting, Organizations and Society 29(5-6): 473-488.
Bottom, W. P., J. Holloway, G. J. Miller, A. Mislin and A. Whitford. 2006. Building a pathway to cooperation: Negotiation and social exchange between principal and agent. Administrative Science Quarterly 51(1): 29-58.
Bouwens, J. and L. Van Lent. 2007. Assessing the performance of business unit managers. Journal of Accounting Research (September): 667-697.
Bradshaw, M., G. Liao and M. Ma. 2019. Agency costs and tax planning when the government is a major shareholder. Journal of Accounting and Economics (April-May): 255-277.
Brennan, M. J. and L. Trigeorgis. 1999. Project Flexibility, Agency, and Competition: New Developments in the Theory and Application of Real Options Analysis. Oxford University Press.
Bricker, R. and N. Chandar. 2000. Where Berle and Means went wrong: A reassessment of capital market agency and financial reporting. Accounting, Organizations and Society 25(6): 529-554.
Brickley, J. A. 2003. Empirical research on CEO turnover and firm-performance: A discussion. Journal of Accounting and Economics (December): 227-233.
Brickley, J. A., S. Bhagat and R. C. Lease. 1985. The impact of long-range managerial compensation plans on shareholder wealth. Journal of Accounting and Economics (April): 115-129.
Brink, A. G. and F. W. Rankin. 2013. The effects of risk preference and loss aversion on individual behavior under bonus, penalty, and combined contract frames. Behavioral Research In Accounting 25(2): 145-170.
Brown, J. L., J. H. Evans III and D. V. Moser. 2009. Agency theory and participative budgeting experiments. Journal of Management Accounting Research (21): 317-345.
Burney, L. L. and S. K. Widener. 2013. Behavioral work outcomes of a strategic performance measurement system-based incentive plan. Behavioral Research In Accounting 25(2): 115-143.
Bushman, R. M. and R. J. Indjejikian. 1993. Accounting income, stock price, and managerial compensation. Journal of Accounting and Economics (January-July): 3-23.
Bushman, R. M., R. J. Indjejikian and A. Smith. 1995. Aggregate performance measures in business unit manager compensation: The role of intrafirm interdependencies. Journal of Accounting Research (Studies on Managerial Accounting): 101-128.
Bushman, R. M., R. J. Indjejikian and A. Smith. 1996. CEO compensation: The role of individual performance evaluation. Journal of Accounting and Economics (April): 161-193.
Butler, S. A. and M. W. Maher. 1986. Management Incentive Compensation Plans. Montvale, N. J.: National Association of Accountants.
Cadman, B. 2013. Divestitures of equity by executives and future equity granting patterns. Journal of Management Accounting Research (25): 1-24.
Cadman, B. and M. E. Carter. 2014. Compensation peer groups and their relation with CEO pay. Journal of Management Accounting Research 26(1): 57-82.
Callen, J. L. and H. Falk. 1993. Agency and efficiency in nonprofit organizations: The case of "specific health focus" charities. The Accounting Review (January): 48-65.
Callen, J. L., M. Morel and C. Fader. 2008. An empirical analysis of the incentive-action-performance chain of the principal-agent model. Journal of Management Accounting Research 20 (Special Issue): 79-105.
Callinicos, A. 2004. Making History: Agency, Structure, and Change in Social Theory (Historical Materialism Book Series, 3). Brill Academic Publishers.
Chan, K. H., E. J. Jiang and P. L. L. Mo. 2017. The effects of using bank auditors on audit quality and the agency cost of bank loans. Accounting Horizons (December): 133-153.
Chan, K. H., P. Lai Lan Mo and T. Tang. 2016. Tax avoidance and tunneling: Empirical analysis from an agency perspective. Journal of International Accounting Research 15(3): 49-66.
Chan, K. H., P. L. L. Mo and W. Zhang. 2021. Do abnormal IPO audit fees signal IPO audit quality and post-IPO performance? A principal-agent analysis based on evidence from China. Journal of International Accounting Research 20(1): 1-29.
Chen, C. X., H. Lu and T. Sougiannis. 2012. The agency problem, corporate governance, and the asymmetrical behavior of selling, general, and administrative costs. Contemporary Accounting Research 29(1): 252-282.
Chen, H. and F. Leng. 2004. Pay-performance sensitivity in a heterogeneous managerial labor market. Journal of Management Accounting Research (16): 19-33.
Chen, K. C. W. and C. J. Lee. 1995. Executive bonus plans and accounting trade-offs: The case of the oil and gas industry, 1985-86. The Accounting Review (January): 91-111.
Chen, Q., T. Hemmer and Y. Zhang. 2011. On the optimal use of loose monitoring in agencies. Review of Accounting Studies 16(2): 328-354.
Cheng, P. 1990. Discussion of “Optimal employment contracts and the returns to monitoring in a principal-agent context”. Contemporary Accounting Research 6(2): 804-808.
Chong, V. K. and I. R. C. Eggleton. 2007. The impact of reliance on incentive-based compensation schemes, information asymmetry and organisational commitment on managerial performance. Management Accounting Research (September): 312-342.
Christensen, J. 1982. The determination of performance standards and participation. Journal of Accounting Research (Part II, Autumn): 589-603.
Christensen, P. O. and G. A. Feltham. 1997. Sequential communication in agencies. Review of Accounting Studies 2(2): 123-155.
Clinch, G. and J. Magliolo. 1993. CEO compensation and components of earnings in bank holding companies. Journal of Accounting and Economics (January-July): 241-272.
Cohen, J. R. and L. L. Holder-Webb. 2006. Rethinking the influence of agency theory in the accounting academy. Issues in Accounting Education (February): 17-30.
Cole, E. T. and J.P. Healy. 2000. Efficient CEO compensation: A data envelopment analysis approach. Advances in Management Accounting (9): 189-210.
Combs, J. G. and D. J. Ketchen, Jr. 1999. Can capital scarcity help agency theory explain franchising? Revisiting the capital scarcity hypothesis. The Academy of Management Journal 42(2): 196-207.
Comprix, J. and K. A. Muller III. 2006. Asymmetric treatment of reported pension expense and income amounts in CEO cash compensation calculations. Journal of Accounting and Economics (December): 385-416.
Conlon, E. J. and J. M. Parks. 1990. Effects of monitoring and tradition on compensation arrangements: An experiment with principal-agent dyads. The Academy of Management Journal 33(3): 603-622.
Conyon, M. J. and L. He. 2004. Compensation committees and CEO compensation incentives in U.S. entrepreneurial firms. Journal of Management Accounting Research (16): 35-56.
Cooper, B. J., L. Chow and Y. Tang. 1993. The separation of ownership and management in China: A review of the business contract and share capital systems. Corporate Governance: An International Review 1(3): 128-137.
Cooper, J. C. and F. H. Selto. 1993. Is risk preference induction a reliable method of controlling risk preferences? Journal of Management Accounting Research (5): 109-123.
Core, J. and W. Guay. 1999. The use of equity grants to manage optimal equity incentive levels. Journal of Accounting and Economics 28(2)(December): 151-184.
Core, J. E., W. R. Guay and R. S. Verdi. 2006. Agency problems of excess endowment holdings in not-for-profit firms. Symposium on the Role of Incentives in Not-for-Profit Organizations. Journal of Accounting and Economics (September): 307-333.
Coughlan, A. T. and R. M. Schmidt. 1985. Executive compensation, management turnover, and firm performance: An empirical investigation. Journal of Accounting and Economics (April): 43-66.
Cuny, C. J. and P. Jorion. 1995. Valuing executive stock options with endogenous departure. Journal of Accounting and Economics (September): 193-205.
Curchod, C., G. Patriotta, L. Cohen and N. Neysen. 2020. Working for an algorithm: Power asymmetries and agency in online work settings. Administrative Science Quarterly 65(3): 644-676.
Dalpiaz, E., V. Rindova and D. Ravasi. 2016. Combining logics to transform organizational agency: Blending industry and art at Alessi. Administrative Science Quarterly 61(3): 347-392.
Davidson, W. N. III, P. Jiraporn, Y. S. Kim and C. Nemec. 2004. Earnings management following duality-creating successions: Ethnostatistics, impression management, and agency theory. The Academy of Management Journal 47(2): 267-275.
Davila, A. and F. Penalva. 2006. Governance structure and the weighting of performance measures in CEO compensation. Review of Accounting Studies 11(4): 463-493.
Davila, A. and M. Venkatachalam. 2004. The relevance of non-financial performance measures for CEO compensation: Evidence from the airline industry. Review of Accounting Studies 9(4): 443-464.
Dechow, P. M. 2006. Asymmetric sensitivity of CEO cash compensation to stock returns: A discussion. Journal of Accounting and Economics (October): 193-202.
Dechow, P. M. and R. G. Sloan. 1991. Executive incentives and the horizon problem: An empirical investigation. Journal of Accounting and Economics (March): 51-89.
Dechow, P. M., M. R. Huson and R. G. Sloan. 1994. The effect of restructuring charges on executives' cash compensation. The Accounting Review (January): 138-156.
DeFond, M. L. and C. W. Park. 1999. The effect of competition on CEO turnover. Journal of Accounting and Economics (February): 35-56.
Deigh, J. 1996. The Sources of Moral Agency: Essays in Moral Psychology and Freudian Theory. Cambridge University Press.
DeJong, D. V., R. Forsythe, R. J. Lundholm and W. C. Uecker. 1985. A laboratory investigation of the moral hazard problem in an agency relationship. Journal of Accounting Research (Studies on Accounting Earnings and Security Valuation: Current Research Issues): 81-120.
Dejong, D. V., R. Forsythe and W. C. Uecker. 1985. The methodology of laboratory markets and its implications for agency research in accounting and auditing. Journal of Accounting Research (Autumn): 753-793.
Demsetz, H. and K. Lehn. 1985. The structure of corporate ownership: Causes and consequences. Journal of Political Economy (93): 1155-1177.
Demski, J. S. and D. E. M. Sappington. 1999. Summarization with errors: A perspective on empirical investigations of agency relationships. Management Accounting Research (March): 21-37.
Demski, J. S. and H. Frimor. 1999. Performance measure garbling under renegotiation in multi-period agencies. Journal of Accounting Research (Studies on Credible Financial Reporting): 187-214.
Demski, J. S. and R. A. Dye. 1999. Risk, return, and moral hazard. Journal of Accounting Research (Spring): 27-55.
Demski, J. S., H. Frimor and D. E. M. Sappington. 2004. Efficient manipulation in a repeated setting. Journal of Accounting Research (March): 31-49.
Demski, J. S., J. C. Fellingham and H. H. Lin. 2009. Tension relevance. Journal of Management Accounting Research (21): 241-248.
Demski, J. S., J. M. Patell and M. A. Wolfson. 1984. Decentralized choice of monitoring systems. The Accounting Review (January): 16-34.
Desai, M. 2012. The incentive bubble: Outsourcing pay decisions to financial markets has skewed compensation and, with it, American capitalism. Harvard Business Review (March): 124-132. ("Financial markets cannot evaluate individuals because they can't easily disentangle skill from luck.").
Dey, A. 2008. Corporate governance and agency conflicts. Journal of Accounting Research (December): 1143-1181.
Dhaliwal, D. S., G. L. Salamon and E. D. Smith. 1982. The effect of owner versus management control on the choice of accounting methods. Journal of Accounting and Economics (July): 41-53.
Dierks, P. A. and A. Patel. 1997. What is EVA, and how can it help your company? Management Accounting (November): 52-58. (Summary).
Dikolli, S. S. 2001. Agent employment horizons and contracting demand for forward-looking performance measures. Journal of Accounting Research (December): 481-494.
Dikolli, S. S., S. L. Kulp and K. L. Sedatole. 2013. The use of contract adjustments to lengthen the CEO horizon in the presence of internal and external monitoring. Journal of Management Accounting Research (25): 199-229.
Dirsmith, M. W., J. B. Heian and M. A. Covaleski. 1997. Structure and agency in an institutionalized setting: The application and social transformation of control in the big six. Accounting, Organizations and Society 22(1): 1-27.
Dobbin, F. 2010. Book review: Institutional Work: Actors and Agency in Institutional Studies of Organizations by T. B. Lawrence, R. Suddaby, B. Leca. Administrative Science Quarterly 55(4): 673-676.
Dopuch, N. 1992. Discussion of "Incentive compensation schemes: Experimental calibration of the rationality hypothesis". Contemporary Accounting Research 8(2): 409-414.
Douthit, J. and M. Majerczyk. 2019. Subordinate perceptions of the superior and agency costs: Theory and evidence. Accounting, Organizations and Society (78): 101057.
Douthit, J. D., L. W. Kearney and D. E. Stevens. 2012. Can agent cheap talk mitigate agency problems in the presence of a noisy performance measure? An experimental test in a single- and multi- period setting. Journal of Management Accounting Research (24): 135-158.
Dutta, S. and Q. Fan. 2014. Equilibrium earnings management and managerial compensation in a multiperiod agency setting. Review of Accounting Studies 19(3): 1047-1077.
Dutta, S. and S. Reichelstein. 1999. Asset valuation and performance measurement in a dynamic agency setting. Review of Accounting Studies 4(3-4): 235-258.
Dutta, S. and X. Zhang. 2002. Revenue recognition in a multiperiod agency setting. Journal of Accounting Research (March): 67-83.
Dye, R. A. 1992. Relative performance evaluation and project selection. Journal of Accounting Research (Spring): 27-52.
Eisenhardt, K. M. 1988. Agency- and institutional-theory explanations: The case of retail sales compensation. The Academy of Management Journal 31(3): 488-511.
Eldenburg, L. 1994. The use of information in total cost management. The Accounting Review (January): 96-121. (Part of a forum on accounting for not-for-profit organizations).
Eldenburg, L. and R. Krishnan. 2003. Public versus private governance: A study of incentives and operational performance. Journal of Accounting and Economics (August): 377-404.
Eldenburg, L. G., F. B. Gaertner and T. H. Goodman. 2015. The influence of ownership and compensation practices on charitable activities. Contemporary Accounting Research 32(1): 169-192.
Ely, K. M. 1991. Interindustry differences in the relation between compensation and firm performance variables. Journal of Accounting Research (Spring): 37-58.
Englund, H. and J. Gerdin. 2018. Management accounting and the paradox of embedded agency: A framework for analyzing sources of structural change. Management Accounting Research (March): 1-11.
Enis, C. R. 1993. Earnings-based compensation plans, performance, and capital expenditure policy in the motor carrier industry. The Accounting Review (October): 928-941.
Engel, E., R. M. Hayes and X. Wang. 2003. CEO turnover and properties of accounting information. Journal of Accounting and Economics (December): 197-226.
Erickson, M., M. Hanlon and E. L. Maydew. 2006. Is there a link between executive equity incentives and accounting fraud? Journal of Accounting Research (March): 113-143.
Evans, J. H. III and J. M. Patton. 1987. Signaling and monitoring in public-sector accounting. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 130-158.
Evans, J. H. III, K. Kim and N. J. Nagarajan. 2006. Uncertainty, legal liability, and incentive contracts. The Accounting Review (October): 1045-1071.
Fama, E. F. 1980. Agency problems and the theory of the firm. Journal of Political Economy: 288-307.
Fan, Q. and W. Li. 2018. Leading indicator variables and managerial incentives in a dynamic agency setting. Review of Accounting Studies 23(4): 1715-1753.
Farrell, K. A. and D. A. Whidbee. 2003. Impact of firm performance expectations on CEO turnover and replacement decisions. Journal of Accounting and Economics (December): 165-196.
Fee, C. E. and C. J. Hadlock. 2004. Management turnover across the corporate hierarchy. Journal of Accounting and Economics (February): 3-38.
Fellingham, J. C. and R. A. Young. 1990. The value of self-reported costs in repeated investment decisions. The Accounting Review (October): 837-856.
Feltham, G. A. 1988. Discussion of "Unobservable outcomes and multiattribute preferences in the evaluation of managerial performance". Contemporary Accounting Research 5(1): 125-132.
Feltham, G. A. and J. Xie. 1994. Performance measure congruity and diversity in multi-task principal/agent relations. The Accounting Review (July): 429-453.
Ferris, K. R. and J. S. Wallace. 2009. IRC Section 162(m) and the law of unintended consequences. Advances in Accounting: Incorporating Advances in International Accounting 25(2): 147-155.
Firth, M., C. Lin S. M. Wong and X. Zhao. 2019. Hello, is anybody there? Corporate accessibility for outside shareholders as a signal of agency problems. Review of Accounting Studies 24(4): 1317-1358.
Fisher, J. and V. Govindarajan. 1993. Incentive compensation design, strategic business unit mission, and competitive strategy. Journal of Management Accounting Research (5): 129-144.
Forbes-Pitt, K. 2011. The Assumption of Agency Theory: A Realist Theory of the Production of Agency. Routledge.
Forst, A., M. S. Park and B. Wier. 2014. Insider entrenchment and CEO compensation: Evidence from initial public offering firms. Journal of Management Accounting Research 26(1): 101-120.
Foster, T. W. III, P. R. Koogler and D. Vickrey. 1991. Valuation of executive stock options and the FASB proposal. The Accounting Review (July): 595-610.
Foster, T. W. III, P. R. Koogler and D. Vickrey. 1993. Valuation of executive stock options and the FASB proposal: An extension. The Accounting Review (January): 184-189.
Francis, J. and A. Smith. 1995. Agency costs and innovation some empirical evidence. Journal of Accounting and Economics (March-May): 383-409.
Frederickson, J. R. 1992. Relative performance information: The effects of common uncertainty and contract type on agent effort. The Accounting Review (October): 647-669.
Frederickson, J. R. and W. Waller. 2005. Carrot or stick? Contract frame and use of decision-influencing information in a principal-agent setting. Journal of Accounting Research (December): 709-733.
Frezatti, F. 2002. The value management process: A proposal for linkage between shareholders and managers. Journal of Applied Management Accounting Research (Winter): 51-71.
Frimor, H. 2014. Book review: Explicit and Implicit Incentives for Multiple Agents by Johathan Glover. The Accounting Review (January): 406-409.
Gaertner, J. 2010. Discussion of 'Continuous monitoring and the status quo effect'. International Journal of Accounting Information Systems 11(3): 257-260.
Gamble, G. O., B. O'Doherty and L. M. Hyman. 1987. The development of agency thought: A citation analysis of the literature. The Accounting Historians Journal 14(1): 7-26.
Gao, X., T. J. Wong, L. Xia and G. Yu. 2021. Network-induced agency conflicts in delegated portfolio management. The Accounting Review (January): 171-198.
Gaver, J. J. and K. M. Gaver. 1993. The association between performance plan adoption and corporate capital investment: A note. Journal of Management Accounting Research (5): 145- 158.
Gaver, J. J. and K. M. Gaver. 1998. The relation between nonrecurring accounting transactions and CEO cash compensation. The Accounting Review (April): 235-253.
Gaver, J. J. and S. M. Im. 2014. Funding sources and excess CEO compensation in not-for-profit organizations. Accounting Horizons (March): 1-16.
Gawande, K. and A. K. Bohara. 2005. Agency problems in law enforcement: Theory and application to the U.S. Coast Guard. Management Science (November): 1593-1609.
Ghosh, D. and M. R. Ray. 2000. Evaluating managerial performance under uncertainty. Journal of Managerial Issues 12(2): 247-260.
Ghosh, D. and R. Lusch. 2000. Outcome effect, controllability and performance evaluation of managers: Some field evidence from multi-outlet businesses. Accounting Organizations and Society 25(4&5): 411-425.
Gibbons, R. 2005. Incentives between firms (And within). Management Science (January): 2-17.
Gibbs, M. 1995. Incentive compensation in a corporate hierarchy. Journal of Accounting and Economics (March-May): 247-277.
Gisbert, A. and B. Navallas. 2013. The association between voluntary disclosure and corporate governance in the presence of severe agency conflicts. Advances in Accounting: Incorporating Advances in International Accounting 29(2): 286-298.
Goetz, B. E. 1975. The corporate utility transform. Management Accounting (June): 43-44, 50.
Gomez-Mejia, L. R. and D. B. Balkin. 1992. Determinants of faculty pay: An agency theory perspective. The Academy of Management Journal 35(5): 921-955.
Gomez-Mejia, L. R., G. Martin, V. H. Villena and R. M. Wiseman. 2021. The behavioral agency model: Revised concepts and implications for operations and supply chain research. Decision Sciences 52(5): 1026-1038.
Gomez-Mejia, L. R., M. Nuñez-Nickel and I. Gutierrez. 2001. The role of family ties in agency contracts. The Academy of Management Journal 44(1): 81-95.
Gong, J. J. 2011. Examining shareholder value creation over CEO tenure: A new approach to testing effectiveness of executive compensation. Journal of Management Accounting Research (23): 1-28.
Gox, R. F. 2008. Tax incentives for inefficient executive pay and reward for luck. Review of Accounting Studies 13(4): 452-478 .
Gray, O. R. and R. V. Calvasina. 1995. The 1826 contract for construction of facilities at the Pensacola Naval Station and its implications for historical research using agency theory. The Accounting Historians Journal 22(1): 35-55.
Green, S. E. Jr., Y. Li and N. Nohria. 2009. Suspended in self-spun webs of significance: A rhetorical model of institutionalization and institutionally embedded agency. The Academy of Management Journal 52(1): 11-36.
Guidry, F., A. J. Leone and S. Rock. 1999. Earnings-based bonus plans and earnings management by business-unit managers. Journal of Accounting and Economics (January): 113-142.
Ha, J. 2019. Agency costs of free cash flow and conditional conservatism. Advances in Accounting: Incorporating Advances in International Accounting (46): 100417.
Hall, B. J. and K. J. Murphy. 2002. Stock options for undiversified executives. Journal of Accounting and Economics (February): 3-42.
Hanlon, M., S. Rajgopal and T. Shevlin. 2003. Are executive stock options associated with future earnings? Journal of Accounting and Economics (December): 3-43.
Harrell, A. and P. Harrison. 1998. Self-interest, ethical considerations and the project continuation decisions of managers who experience an agency conflict. Advances in Management Accounting (6): 39-53.
Harris, M. and A. Raviv. 1988. Corporate governance: Voting rights and majority rules. Journal of Financial Economics (20): 203-235.
Harris, T. S. 1987. Discussion of signaling and monitoring in public-sector accounting. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 159-164.
Hayes, R. M. and S. Schaefer. 1999. How much are differences in managerial ability worth? Journal of Accounting and Economics (April): 125-148.
Healy, P. M. 1985. The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics (April): 85-107.
Healy, P. M. 1999. Discussion of earnings-based bonus plans and earnings management by business unit managers. Journal of Accounting and Economics (January): 143-147.
Healy, P. M., S. Kang and K. G. Palepu. 1987. The effect of accounting procedure changes on CEOs' cash salary and bonus compensation. Journal of Accounting and Economics (April): 7-34.
Heinle, M. S., C. Hofmann and A. H. Kunz. 2012. Identity, incentives, and the value of information. The Accounting Review (July): 1309-1334.
Hemmer, T. 1993. Risk-free incentive contracts: Eliminating agency cost using option-based compensation schemes. Journal of Accounting and Economics (October): 447-473.
Hemmer, T. 1996. Allocations of sunk capacity costs and joint costs in a linear principal-agent model. The Accounting Review (July): 419-432.
Hemmer, T. 2004. Lessons lost in linearity: A critical assessment of the general usefulness of LEN models in compensation research. Journal of Management Accounting Research (16): 149-162.
Hemmer, T. 2010. LEN CONgruity. Journal of Management Accounting Research (22): 175-185.
Hemmer, T., S. Matsunaga and T. Shevlin. 1996. The influence of risk diversification on the early exercise of employee stock options by executive officers. Journal of Accounting and Economics (February): 45-68.
Hiebl, M. R. W. 2018. Management accounting as a political resource for enabling embedded agency. Management Accounting Research (March): 22-38.
Hill, N. T. and K. T. Stevens. 2001. Structuring compensation to achieve better financial results. Strategic Finance (March): 48-51. (Related to CEO incentive pay).
Hite, G. L. and M. S. Long. 1982. Taxes and executive stock options. Journal of Accounting and Economics (July): 3-14.
Hodder, L. D. and P. E. Hopkins. 2014. Agency problems, accounting slack, and banks' response to proposed reporting of loan fair values. Accounting, Organizations and Society 39(2): 117-133.
Hoffman, W. H. Jr. 1961. Executive compensation - Are you keeping in style or counting the costs? N.A.A. Bulletin (January): 15-23.
Holthausen, R. W., D. F. Larcker and R. G. Sloan. 1995. Annual bonus schemes and the manipulation of earnings. Journal of Accounting and Economics (February): 29-74.
Holthausen, R. W., D. F. Larcker and R. G. Sloan. 1995. Business unit innovation and the structure of executive compensation. Journal of Accounting and Economics (March-May): 279-313.
Hope, O., J. C. Langli and W. B. Thomas. 2012. Agency conflicts and auditing in private firms. Accounting, Organizations and Society 37(7): 500-517.
Horton, K. E., C. D. A. Wanderley. 2018. Identity conflict and the paradox of embedded agency in the management accounting profession: Adding a new piece to the theoretical jigsaw. Management Accounting Research (March): 39-50.
Huang, P. and Y. Zhang. 2012. Does enhanced disclosure really reduce agency costs? Evidence from the diversion of corporate resources. The Accounting Review (January): 199-229.
Huber, W. D. 2020. Corporate Law and the Theory of the Firm: Reconstructing Corporations, Shareholders, Directors, Owners, and Investors (The Economics of Legal Relationships). Routledge.
Hunt, H. G. III and R. L. Hogler. 1990. Agency theory as ideology: A comparative analysis based on critical legal theory and radical accounting. Accounting, Organizations and Society 15(5): 437-454.
Hunton, J. E., D. Libby, J. Libby, E. Mauldin and P. Wheeler. 2010. Continuous monitoring and the status quo effect. International Journal of Accounting Information Systems 11(3): 239-252.
Hyun, J., B. Kim, S. Kwon and J. Y. Shin. 2014. The effects of corporate governance, competition, and political costs on strategic executive pay disclosure: Evidence from Korea. Journal of Management Accounting Research 26(2): 195-220.
Indjejikian, R. J. 1999. Performance evaluation and compensation research: An agency perspective. Accounting Horizons (June): 147-157.
Indjejikian, R. J. and M. Matejka. 2012. Accounting decentralization and performance evaluation of business unit managers. The Accounting Review (January): 261-290.
Isaacs, N. 1925. On agents and "agencies". Harvard Business Review (April): 265-274.
Ittner, C. D., D. F. Larcker and M. W. Meyer. 2003. Subjectivity and the weighting of performance measures: Evidence from a balanced scorecard. The Accounting Review (July): 725-758.
Ittner, C. D., D. F. Larcker and M. V. Rajan. 1997. The choice of performance measures in annual bonus contracts. The Accounting Review (April): 231-255.
Iyer, A. V., L. B. Schwarz and S. A. Zenios. 2005. A principal-agent model for product specification and production. Management Science (January): 106-119.
Janakiraman, S. N., R. A. Lambert and D. F. Larcker. 1992. An empirical investigation of the relative performance evaluation hypothesis. Journal of Accounting Research (Spring): 53-69.
Jap, S., D. C. Robertson and R. Hamilton 2011. The dark side of rapport: Agent misbehavior face-to-face and online. Management Science (September): 1610-1622.
Jayaraman, S. and L. Shivakumar. 2013. Agency-based demand for conservatism: Evidence from state adoption of antitakeover laws. Review of Accounting Studies 18(1): 95-134.
Jennergren, L. P. and B. Naslund. 1993. A comment on "Valuation of executive stock options and the FASB proposal". The Accounting Review (January): 179-183.
Jensen, M. and W. Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics (3): 305-360.
Jensen, M. and R. Ruback. 1983. The market for corporate control: The scientific evidence. Journal of Financial Economics (11): 5-50.
Jensen, M. C. 1976. Theory of the Firm: Managerial Behavior, Agency costs and Ownership Structure. Center For Research in Government Policy & Business, Graduate School of Management, University of Rochester.
Jensen, M. C. 2001. Corporate budgeting is broken - Let's fix it. Harvard Business Review (November): 94-101.
Jensen, M. C. and W. H. Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics (October): 305-360. (SSRN Link).
Jensen, M. C., J. L. Zimmerman. 1985. Management compensation and the managerial labor market. Journal of Accounting and Economics (April): 3-9.
Jermier, J. M., D. Knights and W. R. Nord. 1995. Resistance and Power in Organizations: Agency, Subjectivity, and the Labour Process (Critical Perspectives on Work and Organizations). Routledge.
John, K. and L. Senbet. 1998. Corporate governance and board effectiveness. Journal of Banking and Finance (22): 371-403.
Johnson, N. B. 2010. Residual income compensation plans and deferred taxes. Journal of Management Accounting Research (22): 103-114.
Johnson, W. B. 1987. Discussion of management compensation contracts and merger-induced abnormal returns. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 77-84.
Ju, N. and X. Wan. 2012. Optimal compensation and pay-performance sensitivity in a continuous-time principal-agent model. Management Science (March): 641-657.
Kalay, A. 2014. International payout policy, information asymmetry, and agency costs. Journal of Accounting Research (May): 457-472.
Kannan, Y. H., T. R. Skantz and J. L. Higgs. 2014. The impact of CEO and CFO equity incentives on audit scope and perceived risks as revealed through audit fees. Auditing: A Journal of Practice & Theory 33(2): 111-139.
Kaplan, R. S. 1982. Advanced Management Accounting. Prentice-Hall. (The agency problem is briefly discussed in Chapter 13 - Decentralization, and discussed in more depth in Chapter 16 - Executive Contracts and Bonus Plans).
Kaplan, R. S. 1985. Evidence on the effect of bonus schemes on accounting procedure and accrual decisions. Journal of Accounting and Economics (April): 109-113.
Karake, Z. A. 1992. Information Technology and Management Control: An Agency Theory Perspective. Praeger Publications.
Karake-Shalhoub, Z. 2002. Trust and Loyalty in Electronic Commerce: An Agency Theory Perspective. Quorum Books.
Kershaw, R. and A. Harrell. 1999. Strategic control systems and managers' quality effort decisions: An agency theory perspective. Advances in Management Accounting (7): 151-167.
Kesner, I. F., D. L. Shapiro and A. Sharma. 1994. Brokering mergers: An agency theory perspective on the role of representatives. The Academy of Management Journal 37(3): 703-721.
Kim, K. and D. A. Schroeder. 1990. Analysts' use of managerial bonus incentives in forecasting earnings. Journal of Accounting and Economics (May): 3-23.
Kim, O. and Y. Suh. 1993. Incentive efficiency of compensation based on accounting and market performance. Journal of Accounting and Economics (January-July): 25-53.
Kirby, A. J., N. Dopuch and J. O'Brien. 1992. Incentive compensation schemes: Experimental calibration of the rationality hypothesis. Contemporary Accounting Research 8(2): 374-408.
Klein, W. A., J. M. Ramsceyer and S. M. Bainbridge. 2006. Agency, Partnership, and Limited Liability Entities: Unincorporated Business Association, 2nd edition. Foundation Pr.
Kornish, L. J. and C. B. Levine. 2004. Discipline and common agency: The case of audit and nonaudit services. The Accounting Review (January): 173-200.
Kren, L. 2001. The relation between chief executive compensation and financial performance: The information effects of diversification. Advances in Management Accounting (10): 141-169.
Kren, L. and T. Tyson. 2009. Trade-offs in objective and subjective performance evaluation: A case study examining the validity of agency theory predictions. Management Accounting Quarterly (Winter): 12-23.
Kuang, X. and D. V. Moser. 2009. Reciprocity and the effectiveness of optimal agency contracts. The Accounting Review (September): 1671-1694.
Kunz, A. H. and D. Pfaff. 2002. Agency theory, performance evaluation, and the hypothetical construct of intrinsic motivation. Accounting, Organizations and Society 27(3): 275-295.
Kwon, Y. K. 2005. Accounting conservatism and managerial incentives. Management Science (November): 1626-1632.
Laffont, J. 2003. The Principal Agent Model: The Economic Theory of Incentives (The International Library of Critical Writings in Economics Series, 162). Edward Elgar Publishing.
Laffont, J. and D. Martimort. 2001. The Theory of Incentives: The Principal-Agent Model. Princeton University Press.
Lamber, R. A., D. F. Larcker and R. E. Verrecchia. 1991. Portfolio considerations in valuing executive compensation. Journal of Accounting Research (Spring): 129-149.
Lambert, R. A. 1985. Variance investigation in agency settings. Journal of Accounting Research (Autumn): 633-647.
Lambert, R. A. 1993. The use of accounting and security price measures of performance in managerial compensation contracts: A discussion. Journal of Accounting and Economics (January-July): 101-123.
Lambert, R. A. 1999. Discussion of “Asset valuation and performance measurement in a dynamic agency setting”. Review of Accounting Studies 4(3-4): 259-264.
Lambert, R. A. 1999. Discussion of performance measure garbling under renegotiation in multi-period agencies. Journal of Accounting Research (Studies on Credible Financial Reporting): 215-221.
Lambert, R. A. 2003. Discussion of ‘limited attention, information disclosure, and financial reporting’. Journal of Accounting and Economics (December): 387-400.
Lambert, R. A. 2004. Discussion of analysts’ treatment of non-recurring items in street earnings and loss function assumptions in rational expectations tests on financial analysts’ earnings forecasts. Journal of Accounting and Economics (December): 205-222.
Lambert, R. A. and D. F. Larcker. 1985. Golden parachutes, executive decision-making, and shareholder wealth. Journal of Accounting and Economics (April): 179-203.
Lambert, R. A. and D. F. Larcker. 1987. An analysis of the use of accounting and market measures of performance in executive compensation contracts. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 85-125.
Lanen, W. N. 1995. Discussion of aggregate performance measures in business unit manager compensation: The role of intrafirm interdependencies. Journal of Accounting Research (Studies on Managerial Accounting): 129-134.
Lanen, W. N. and D. F. Larcker. 1992. Executive compensation contract adoption in the electric utility industry. Journal of Accounting Research (Spring): 70-93.
Larmande, F. and J. P. Ponssard. 2014. Fishing for excuses and performance evaluation. Review of Accounting Studies 19(2): 988-1008.
Latham, C. K., F. A. Jocobs and N. Kotchetova. 2000. The impact of agency structure and management characteristics on disclosure fraud. Journal of Forensic Accounting (1): 147-180.
Laux, V. 2017. Supporting and assessing agents. Journal of Accounting Research (September): 995-1016.
Lee, P. M. and H. M. O'Neill. 2003. Ownership structures and R&D investments of U.S. and Japanese firms: Agency and stewardship perspectives. The Academy of Management Journal 46(2): 212-225.
Lewellen, W., C. Loderer and K. Martin. 1987. Executive compensation and executive incentive problems: An empirical analysis. Journal of Accounting and Economics (December): 287-310.
Lewellen, W. G., T. Park and B. T. Ro. 1996. Self-serving behavior in managers' discretionary information disclosure decisions. Journal of Accounting and Economics (April): 227-251.
Liao, S. S. 1979. The effect of the separation of ownership from control on accounting policy decisions: A comment. The Accounting Review (April): 414-416.
Lo, K. 2003. Economic consequences of regulated changes in disclosure: The case of executive compensation. Journal of Accounting and Economics (August): 285-314.
Louis, H. and O. Urcan. 2015. Agency conflicts, dividend payout, and the direct benefits of conservative financial reporting to equity-holders. Contemporary Accounting Research 32(2): 455-484.
Lovejoy, W. S. 2006. Optimal mechanisms with finite agent types. Management Science (May): 788-803.
Lu, T., H. Sapra and A. Subramanian. 2019. Agency conflicts, bank capital regulation, and marking-to-market. The Accounting Review (November): 365-384.
Luft, J. L. 1997. Fairness, ethics and the effect of management accounting on transaction costs. Journal of Management Accounting Research (9): 199-216. (Summary).
Lukas, C. 2010. Optimality of intertemporal aggregation in dynamic agency. Journal of Management Accounting Research (22): 157-174.
Lynch, L. J. and S. E. Perry. 2003. An overview of management compensation. Journal of Accounting Education 21(1): 43-60.
Ma, C. 1988. Unique implementation of incentive contracts with many agents. Review of Economic Studies 55(4): 555-572.
Mackenzie, C. and N. Stoljar. 2000. Relational Autonomy: Feminist Perspectives on Autonomy, Agency, and the Social Self. Oxford University Press.
Magee, R. P. 1988. Variable cost allocation in a principal/agent setting. The Accounting Review (January): 42-54.
Mahama, H., M. Z. Elbashir, S. G. Sutton and V. Arnold. 2016. A further interpretation of the relational agency of information systems: A research note. International Journal of Accounting Information Systems (20): 16-25.
Mahoney, J. and K. Thelen. 2009. Explaining Institutional Change: Ambiguity, Agency, and Power. Cambridge University Press.
Majerczyk, M. and T. F. Thomas. 2021. Superiors' discretionary allocations when agents face disparate performance risk. Journal of Management Accounting Research 33(2): 151-166.
Major, E. and A. Marques. 2009. IFRS introduction, corporate governance and firm performance: Evidence from Portugal. Journal of Applied Management Accounting Research (Summer): 55-70.
Marinovic, I. 2014. Discussion of "Equilibrium earnings management and managerial compensation in a multiperiod agency setting." Review of Accounting Studies 19(3): 1078-1085.
Martin, R. 2014. The rise (and likely fall) of the talent economy. How to rein in the dynamic that enriches executives and financiers - at everyone else's expense. Harvard Business Review (October): 40-47.
Masli, A., V. J. Richardson, J. M. Sanchez and R. E. Smith. 2014. The interrelationships between information technology spending, CEO equity incentives, and firm value. Journal of Information Systems (Fall): 41-65.
Matsunaga, S. R. 1995. The effects of financial reporting costs on the use of employee stock options. The Accounting Review (January): 1-26.
McAnally, M. L., S. T. McGuire and C. D. Weaver. 2010. Assessing the financial reporting consequences of conversion to IFRS: The case of equity-based compensation. Accounting Horizons (December): 589-621.
McEachern, W. A. 1976. The managerial revolution and corporate performance. Challenge (May-June): 36-40.
McLean, T. 1997. Agent's reputation, accounting and costing in organisational control structures. The Accounting Historians Journal 24(1): 1-23.
McNay, L. 2000. Gender and Agency: Reconfiguring the Subject in Feminist and Social Theory. Polity Press.
Melumad, N. D. 1989. Asymmetric information and the termination of contracts in agencies. Contemporary Accounting Research 5(2): 733-753.
Melumad, N. D. and S. Reichelstein. 1987. Centralization versus delegation and the value of communication. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 1-18.
Merchant, K. A. 1989. Rewarding Results: Motivating Profit Center Managers. Boston: Harvard Business School Press.
Merchant, K. A. and W. Van der Stede. 2007. Management Control Systems: Performance Measurement, Evaluation and Incentives, 2nd edition. Prentice Hall.
Mosberg, J. F. 1991. Managing for profit. Management Accounting (August): 50-53. (Related to profit center incentives).
Murphy, K. J. 1985. Corporate performance and managerial remuneration : An empirical analysis. Journal of Accounting and Economics (April): 11-42.
Murphy, K. J. 2000. Performance standards in incentive contracts. Journal of Accounting and Economics (December): 245-278.
Murphy, K. J. 2003. Stock-based pay in new economy firms. Journal of Accounting and Economics (January): 129-147.
Murphy, K. J. and J. L. Zimmerman. 1993. Financial performance surrounding CEO turnover. Journal of Accounting and Economics (January-July): 273-315.
Murphy, K. J. and T. Sandino. 2010. Executive pay and “independent” compensation consultants. Journal of Accounting and Economics (April): 247-262.
Naiker, V., F. Navissi and V. G. Sridharan. 2008. The agency cost effects of unionization on firm value. Journal of Management Accounting Research (20): 133-152.
Namiki, N. and S. P. Sethi. 1985. Top management compensation and corporate performance. Journal of Business Strategy: 37-43.
Namitha, C. and S. Shijin. 2016. Managerial discretion and agency cost in Indian market. Advances in Accounting: Incorporating Advances in International Accounting (35): 159-169.
Narayanan, V. G., A. Raman and J. Singh. 2005. Agency costs in a supply chain with demand uncertainty and price competition. Management Science (January): 120-132.
Natarajan, R. 1996. Stewardship value of earnings components: Additional evidence on the determinants of executive compensation. The Accounting Review (January): 1-22.
Neimark, M. and T. Tinker. 1986. The social construction of management control systems. Accounting, Organizations and Society 11(4-5): 369-395. (Summary).
Newman, H. A. 1989. Selection of short-term accounting-based bonus plans. The Accounting Review (October): 758-772.
Nicolaou, A. I. 2001. Interactive effects of strategic and cost management systems on managerial performance. Advances in Management Accounting (10): 203-225.
Noreen, E. 1988. The economics of ethics: A new perspective on agency theory. Accounting Organizations and Society 13(4): 359-369.
Oakley, A. 2002. Reconstructing Economic Theory: The Problem of Human Agency. Edward Elgar Publications.
O'Brien, J. 1992. Discussion of "Incentive compensation schemes: Experimental calibration of the rationality hypothesis". Contemporary Accounting Research 8(2): 415-418.
Ohlson, J. A. 1987. On the nature of income measurement: The basic results. Contemporary Accounting Research 4(1): 1-15.
Olsen, K. J., K. K. Dworkis and S. M. Young. 2014. CEO narcissism and accounting: A picture of profits. Journal of Management Accounting Research 26(2): 243-267.
Orsini, J.N. 1987. Bonuses: What is the impact? National Productivity Review (Spring): 180-184.
Ortiz-Molina, H. 2007. Executive compensation and capital structure: The effects of convertible debt and straight debt on CEO pay. Journal of Accounting and Economics (March): 69-93.
Osterman, P. 2006. Overcoming oligarchy: Culture and agency in social movement organizations. Administrative Science Quarterly 51(4): 622-649.
Pacharn, P. 2008. Accounting choice and optimal incentive contracts: A role of financial reporting in management performance evaluation. Advances in Management Accounting (17): 289-316.
Pae, J., D. B. Thornton and M. Welker. 2008. Agency cost reduction associated with EU financial reporting reform. Journal of International Accounting Research 7(1): 51-76.
Parker, L. D. 1976. Goal congruence: A misguided accounting concept. Abacus 12(1): 3-13.
Parks, J. M. and E. J. Conlon. 1995. Compensation contracts: Do agency theory assumptions predict negotiated agreements? The Academy of Management Journal 38(3): 821-838.
Penno, M. 1984. Asymmetry of pre-decision information and managerial accounting. Journal of Accounting Research (Spring): 177-191.
Perry, W. E. 1979. How to Manage Management. Vangard Press.
Pfeffer, J. 1998. Six dangerous myths about pay. Harvard Business Review (May-June): 109-119. (Summary). (Pfeffer mentions that agency theory is part of the problem).
Prasad, S. B. 1974. Top management compensation and corporate performance. The Academy of Management Journal 17(3): 554-558.
Pursey, P. M., A. R. Heugens and M. W. Lander. 2009. Structure! Agency! (and other quarrels): A meta-analysis of institutional theories of organization. The Academy of Management Journal 52(1): 61-85.
Raddatz, N. I., K. Marett and B. S. Trinkle. 2020. The impact of awareness of being monitored on computer usage policy compliance: An agency view. Journal of Information Systems (Spring): 135-149.
Rajan, M. V. 1992. Cost allocation in multiagent settings. The Accounting Review (July): 527-545.
Rajan, M. V. and R. E. Saouma. 2006. Optimal information asymmetry. The Accounting Review (May): 677-712.
Rajan, M. V. and S. Reichelstein. 2006. Subjective performance indicators and discretionary bonus pools. Journal of Accounting Research (June): 585-618.
Rajgopal, S. and T. Shevlin. 2002. Empirical evidence on the relation between stock option compensation and risk taking. Journal of Accounting and Economics (June): 145-171.
Rankin, F. W. and T. L. Savre. 2000. The effects of performance separability and contract type on agent effort. Accounting, Organizations and Society 25(7): 683-695.
Rao, H. and E. H. Neilsen. 1992. An ecology of agency arrangements: Mortality of savings and loan associations, 1960-1987. Administrative Science Quarterly 37(3): 448-470.
Rao, H. and E. H. Neilsen. 1992. Errata: An ecology of agency arrangements: Mortality of savings and loan associations, 1960-1987. Administrative Science Quarterly 37(4): 697.
Rappaport, A. 1978. Executive incentives vs. corporate growth. Harvard Business Review (July-August ):81-88.
Raviv, A. 1985. Management compensation and the managerial labor market an overview. Journal of Accounting and Economics (April): 239-245.
Reichelstein, S. 1992. Constructing incentive schemes for government contracts: An application of agency theory. The Accounting Review (October): 712-731. (Part of a forum on accounting for defense contracts).
Reichelstein, S. 2000. Providing managerial incentives: Cash flows versus accrual accounting. Journal of Accounting Research (Autumn): 243-269.
Rhines, G. M. and W. A. Douglass. 2012. Restorative benefits and equity-based performance plans for highly compensated executives. Journal of Accountancy (October): 50-55.
Rhodes, J. 2004. Radical Feminism, Writing, and Critical Agency: From Manifesto to Modem (S U N Y Series in Feminist Criticism and Theory). Suny Press.
Robey, D., M. M. Bakr and T. S. Miller. 1977. Organizational size and management autonomy: Some structural discontinuities. The Academy of Management Journal 20(3): 378-397.
Ronen, J. and A. Aharoni. 1989. The choice among accounting alternatives and management compensation: Effects of corporate tax. The Accounting Review (January): 69-86.
Ronen, J. and V. Yaari. 2007. Demand for the truth in principal-agent relationships. Review of Accounting Studies 12(1): 125-153.
Rosen, S. 1985. Commentary on ‘golden parachutes, executive decision-making, and shareholder wealth’. Journal of Accounting and Economics (April): 205-208.
Roth, K. and S. O'Donnell. 1996. Foreign subsidiary compensation strategy: An agency theory perspective. The Academy of Management Journal 39(3): 678-703.
Salancik, G. R. and J. Pfeffer. 1980. Effects of ownership and performance on executive tenure in U.S. corporations. The Academy of Management Journal 23(4): 653-664.
Salancik, G. R., B. M. Staw and L. R. Pondy. 1980. Administrative turnover as a response to unmanaged organizational interdependence. The Academy of Management Journal 23(3): 422-437.
Salanie, B. 2005. The Economics of Contracts: A Primer, 2nd Edition. The MIT Press.
Sanders, W. G. and M. A. Carpenter. 2003. Strategic satisficing? A behavioral-agency theory perspective on stock repurchase program announcements. The Academy of Management Journal 46(2): 160-178.
Sapienza, H. J. and A. K. Gupta. 1994. Impact of agency risks and task uncertainty on venture capitalist-CEO interaction. The Academy of Management Journal 37(6): 1618-1632.
Sawers, K., A. Wright and V. Zamora. 2011. Does greater risk-bearing in stock option compensation reduce the influence of problem framing on managerial risk-taking behavior? Behavioral Research In Accounting 23(1): 185-201.
Schmidt, R. 1977. The board of directors and financial interests. The Academy of Management Journal 20(4): 677-682.
Schnader, A. L., J. C. Bedard and N. Cannon. 2015. The principal-agent dilemma: Reframing the auditor's role using stakeholder theory. Accounting and the Public Interest (15): 22-26.
Schneider, G., A. Scholze and F. MeiBner. 2021. Asymmetric taxation, limited liability, and agency conflicts. Management Accounting Research (June): 100739.
Schöndube-Pirchegger, B. and J. R. Schöndube. 2012. The value of extended delegation in dynamic agency. Management Accounting Research (September): 158-170.
Schroeder, D. A. 1992. A heuristic for determining budget-based contracts in multi-period settings. Journal of Management Accounting Research (4): 156-178.
Schulze, W. S., M. H. Lubatkin and R. N. Dino. 2003. Exploring the agency consequences of ownership dispersion among the directors of private family firms. The Academy of Management Journal 46(2): 179-194.
Seal, W. 2006. Management accounting and corporate governance: An institutional interpretation of the agency problem. Management Accounting Research (December): 389-408.
Shim, E. D., J. Lee and T. Corrigan. 1999. An empirical examination of top executive compensation and economic performance in financial service firms. Advances in Management Accounting (8): 225-237.
Shleifer, A. and R. W. Vishny. 1997. A survey of corporate governance. Journal of Finance (June): 737-775.
Sisaye, S. 1998. A power-control-exchange framework of accounting: Applications to divisionalized business organizations. Advances in Management Accounting (6): 113-146.
Sloan, R. G. 1993. Accounting earnings and top executive compensation. Journal of Accounting and Economics (January-July): 55-100.
Smith, A. 1993. Earnings and management incentives: Comments. Journal of Accounting and Economics (January-July): 337-347.
Smith, E. D. 1979. The effect of the separation of ownership from control on accounting policy decisions: A reply. The Accounting Review (April): 417-420.
Smith, M. J. 2010. Geeksploitation: Optimism and monitoring-aversion in agency relationships. Journal of Management Accounting Research (22): 133-156.
Sprinkle, G. B., M. G. Williamson and D. R. Upton. 2008. The effort and risk-taking effects of budget-based contracts. Accounting, Organizations and Society 33(4-5): 436-452.
Stathopoulos, K. S. Espenlaub and M. Walker. 2004. U.K. executive compensation practices: New economy versus old economy. Journal of Management Accounting Research (16): 57-92.
Stevens, D. E. and A. Thevaranjan. 2010. A moral solution to the moral hazard problem. Accounting, Organizations and Society 35(1): 125-139.
Stevenson, W. B. and D. Greenberg. 2000. Agency and social networks: Strategies of action in a social structure of position, opposition, and opportunity. Administrative Science Quarterly 45(4): 651-678.
Stroh, L. K., J. M. Brett, J. P. Baumann and A. H. Reilly. 1996. Agency theory and variable pay compensation strategies . The Academy of Management Journal 39(3): 751-767.
Sunder, S. 1994. Economic incentives as a substitute for detailed accounting requirements: The case of compensation value of stock options. Accounting Horizons (June): 110.
Sunder, S. 2002. Management control, expectations, common knowledge, and culture. Journal of Management Accounting Research (14): 173-187. (Summary).
Tan, Y., J. E. Carrillo and H. K. Cheng. 2016. The agency model for digital goods. Decision Sciences 47(4): 628-660.
Tehranian, H., N. G. Travlos and J. F. Waegelein. 1987. Management compensation contracts and merger-induced abnormal returns. Journal of Accounting Research (Studies on Stewardship Uses of Accounting Information): 51-76.
Tesoriere, S. A. 1944. Accounting for market profits and management profits. N.A.C.A. Bulletin (May 1): 931-957.
Tiessen, P. and J. H. Waterhouse. 1983. Towards a descriptive theory of management accounting. Accounting, Organizations and Society 8(2-3): 251-267. (Summary).
Tosi, H. L., J. P. Katz and L. R. Gomez-Mejia. 1997. Disaggregating the agency contract: The effects of monitoring, incentive alignment, and term in office on agent decision making. The Academy of Management Journal 40(3): 584-602.
Tosi, H. L. Jr. and L. R. Gomez-Mejia. 1989. The decoupling of CEO pay and performance: An agency theory perspective. Administrative Science Quarterly 34(2): 169-189.
Uecker, W., A. Schepanski and J. Shin. 1985. Toward a positive theory of information evaluation: Relevant tests of competing models in a principal-agency setting. The Accounting Review (July): 430-457.
Vasvari, F. P. 2012. Discussion of "Hedge commitments and agency costs of debt: Evidence from interest rate protection covenants and accounting conservatism". Review of Accounting Studies 17(3): 739-748.
Verstegen, B. H. J. 2001. Nine ways for a decision maker to use theoretical notions, with special reference to teaching agency theory for management accounting. Journal of Accounting Education 19(2): 119-127.
Wade, J., C. A. O'Reilly, III and I. Chandratat. 1990. Golden Parachutes: CEOs and the exercise of social influence. Administrative Science Quarterly 35(4): 587-603.
Wagenhofer, A. 1996. The value of distorting overhead cost allocations in an agency setting. Management Accounting Research (December): 367-385.
Walker, M. 1989. Agency theory: A falsificationist perspective. Accounting, Organizations and Society 14(5-6): 433-453.
Wall, F. and S. Leitner. 2021. Agent-based computational economics in management accounting research: Opportunities and difficulties. Journal of Management Accounting Research 33(3): 189-212.
Wallace, J. S. 1997. Adopting residual income-based compensation plans: Do you get what you pay for? Journal of Accounting and Economics (31 December): 275-300.
Waller, W. S. and R. A. Bishop. 1990. An experimental study of incentive pay schemes, communication, and intrafirm resource allocation. The Accounting Review (October): 812-836.
Warfield, T. D., J. J. Wild and K. L. Wild. 1995. Managerial ownership, accounting choices, and informativeness of earnings. Journal of Accounting and Economics (July): 61-91.
Wasserman, N. 2006. Stewards, agents, and the founder discount: Executive compensation in new ventures. The Academy of Management Journal 49(5): 960-976.
Weiss, D. 2011. Discussion of: Examining shareholder value creation over CEO tenure: A new approach to testing effectiveness of executive compensation. Journal of Management Accounting Research (23): 29-36.
Welbourne, T. M., D. B. Balkin and L. R. Gomez-Mejia. 1995. Gainsharing and mutual monitoring: A combined agency-organizational justice interpretation. The Academy of Management Journal 38(3): 881-899.
Williams, D. J. 1986. Shareholder bonding in financial mutuals: An exploratory study of the relative effects of altruism and agency. Accounting, Organizations and Society 11(3): 271-286.
Wu, M. G. H. 2019. Optimal risk trade-off in relative performance evaluation. Journal of Management Accounting Research 31(1): 247-259.
Xue, Y. 2007. Make or buy new technology: The role of CEO compensation contract in a firm’s route to innovation. Review of Accounting Studies 12(4): 659-690.
Yermack, D. 2006. Golden handshakes: Separation pay for retired and dismissed CEOs. Journal of Accounting and Economics (September): 237-256.
Yost, J. A. 1990. Intra-firm resource allocation and transfer pricing under asymmetric information: A principal-agent analysis of decentralized decision-making in a multi-division firm. Journal of Management Accounting Research (2): 134-139.
Young, S. M. 1985. Discussion of a laboratory investigation of the moral hazard problem in an agency relationship. Journal of Accounting Research (Studies on Accounting Earnings and Security Valuation: Current Research Issues): 121-123.
Yu, C. 2014. CEO overconfidence, CEO compensation, and earnings manipulation. Journal of Management Accounting Research 26(2): 167-193.
Zhang, Y. 2008. The effects of perceived fairness and communication on honesty and collusion in a multi-agent setting. The Accounting Review (July): 1125-1146.
