A theory of the firm only a microeconomist could love?: A microeconomist's reply to lubatkin's critique of agency theory
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Authors
Lange, Thomas
Date
2005Type
Journal Article
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Lange, T. 2005. A theory of the firm only a microeconomist could love?: A microeconomist's reply to lubatkin's critique of agency theory. Journal of Management Inquiry. 14 (4): pp. 404-406.
Source Title
Journal of Management Inquiry
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Remarks
Despite recent criticism of agency theory to inform corporate governance research, the author of this article remains wholly unconvinced and argues that the theory has much to offer to help scholars understand organizational complexities. In response to Michael Lubatkin’s critique of agency theory, he highlights shared interests between the scholarship of organizational behaviorists and microeconomists and contends that both discipline areas can do more than merely coexist.