Rutherford, Matthew A.; Buchholtz, Ann K.; Brown, Jill A. - In: Journal of Management Studies 44 (2007) 3, pp. 414-430
Agency theory focuses on monitoring and incentives as two solutions to agency problems. Prior research suggests that monitoring and incentives may act either as substitutes or as complements, and that the context of the agency relationship plays a major role in determining the direction of the...
