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Agency theory is one of the most important foundational theories in management research, but it rests on tenuous cognitive assumptions. We combine classical agency theory with a realistic theory of the intrinsically imperfect human potential for interpersonal sensemaking. This allows us to...
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Managers delegate the right to make decisions to employees because delegation economizes on scarce managerial attention, fosters the use of local knowledge, and positively impacts employee motivation. This is particularly important in knowledge-intensive organizations that operate in uncertain...
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We accomplish three tasks here. (1) We highlight the lack of cross-fertilization between research on network theory and the resource-based view of the firm (RBV). (2) We sketch by analogy what we believe should be a productive bridge between network brokerage as a core concept in network theory...
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