Oswald, Sharon L.; Muse, Lori A.; Rutherford, Matthew W. - In: Journal of small business management : JSBM ; a joint … 47 (2009) 1, pp. 116-135
Agency theory posits that the greater degree of control by those with decision-making authority, the greater the overall organizational performance. Conversely, entrenchment theory implies that at extremely high levels of inside control by those with decision authority, organizational...
