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Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms

Received: 29 November 2016    Accepted: 13 February 2017    Published: 2 March 2017
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Abstract

The concern of this paper is to systematically review prior literature and to contribute significantly to the understanding of governance mechanisms in resolving agency conflict between shareholders and managers. Using systematic literature approach, this study presents 123 articles published within 1978-2014 in scholarly articles. The review modified the procedure adopted by [1] and [19]. The results observe that significant body of knowledge on mechanisms to resolve agency conflict exists from different theoretical perspectives. However, combinations of mechanisms and circumstances under which they become effective are yet to be thoroughly explored. This paper attempts to fully understand systematically the effectiveness of governance mechanisms from different theoretical perspectives geared towards resolving agency conflict.

Published in International Journal of Accounting, Finance and Risk Management (Volume 2, Issue 1)
DOI 10.11648/j.ijafrm.20170201.16
Page(s) 39-44
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Systematic Literature, Positivist Stream, Principal Agent Stream, Internal Mechanism, External Mechanism

References
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Cite This Article
  • APA Style

    Agyemang Badu Ebenezer. (2017). Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms. International Journal of Accounting, Finance and Risk Management, 2(1), 39-44. https://doi.org/10.11648/j.ijafrm.20170201.16

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    ACS Style

    Agyemang Badu Ebenezer. Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms. Int. J. Account. Finance Risk Manag. 2017, 2(1), 39-44. doi: 10.11648/j.ijafrm.20170201.16

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    AMA Style

    Agyemang Badu Ebenezer. Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms. Int J Account Finance Risk Manag. 2017;2(1):39-44. doi: 10.11648/j.ijafrm.20170201.16

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  • @article{10.11648/j.ijafrm.20170201.16,
      author = {Agyemang Badu Ebenezer},
      title = {Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms},
      journal = {International Journal of Accounting, Finance and Risk Management},
      volume = {2},
      number = {1},
      pages = {39-44},
      doi = {10.11648/j.ijafrm.20170201.16},
      url = {https://doi.org/10.11648/j.ijafrm.20170201.16},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20170201.16},
      abstract = {The concern of this paper is to systematically review prior literature and to contribute significantly to the understanding of governance mechanisms in resolving agency conflict between shareholders and managers. Using systematic literature approach, this study presents 123 articles published within 1978-2014 in scholarly articles. The review modified the procedure adopted by [1] and [19]. The results observe that significant body of knowledge on mechanisms to resolve agency conflict exists from different theoretical perspectives. However, combinations of mechanisms and circumstances under which they become effective are yet to be thoroughly explored. This paper attempts to fully understand systematically the effectiveness of governance mechanisms from different theoretical perspectives geared towards resolving agency conflict.},
     year = {2017}
    }
    

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    AB  - The concern of this paper is to systematically review prior literature and to contribute significantly to the understanding of governance mechanisms in resolving agency conflict between shareholders and managers. Using systematic literature approach, this study presents 123 articles published within 1978-2014 in scholarly articles. The review modified the procedure adopted by [1] and [19]. The results observe that significant body of knowledge on mechanisms to resolve agency conflict exists from different theoretical perspectives. However, combinations of mechanisms and circumstances under which they become effective are yet to be thoroughly explored. This paper attempts to fully understand systematically the effectiveness of governance mechanisms from different theoretical perspectives geared towards resolving agency conflict.
    VL  - 2
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Author Information
  • Department of Business Administration, School of Business and Economics, Presbyterian University College, Abetifi, Ghana

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