Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms
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  and . 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.
Agyemang Badu Ebenezer,
Mitigating Agency Conflict: A Systematic Review of Literature on Governance Mechanisms, International Journal of Accounting, Finance and Risk Management.
Vol. 2, No. 1,
2017, pp. 39-44.
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