Concepedia

DETERMINANTS OF FACULTY PAY: AN AGENCY THEORY PERSPECTIVE.

Academy of Management Journal · 1992 · 690 citations · 46 references

Concepts

ManagementHigher EducationOrganizational BehaviorAgency TheoryAcademic AdministrationAgency PerspectivesAgency RelationshipsPrincipal-agent RelationshipsAgency Cost TheoryAgency Theory In CompensationFaculty CompensationFaculty Leadership

Abstract

This study tested 12 hypotheses on the determinants of faculty pay using an agency theory perspective. The sample consisted of 353 professors of management. Data were collected from survey response...

References

46

Theory of the firm: Managerial behavior, agency costs and ownership structure

Michael C. Jensen, William H. Meckling · Journal of Financial Economics · 1976 · 70.7K citations

Management, Business Economics, Corporate Governance +16

Separation of Ownership and Control

Eugene F. Fama, Michael C. Jensen · The Journal of Law and Economics · 1983 · 19.1K citations

Management, Contract Law, Corporate Governance +12

Agency Theory: An Assessment and Review

Kathleen M. Eisenhardt · Academy of Management Review · 1989 · 9.4K citations

Management, Business Economics, Organizational Behavior +11

Moral Hazard and Observability

Bengt Holmström · The Bell Journal of Economics · 1979 · 8.5K citations

Business, Business Economics, Contract Law +17

Compensation and Incentives: Practice vs. Theory

George P. Baker, Michael C. Jensen, Kevin J. Murphy · The Journal of Finance · 1988 · 1.8K citations · Full text

Management, Economics, Organizational Behavior +17