Gomez-Mejia, Luis; Wiseman, Robert M.; Dykes, Bernadine … - In: Journal of Management Studies 42 (2005) 7, pp. 1507-1517
Bruce, Buck and Main (2005) offer two criticisms of agency theory as a valid model of executive behaviour. First, they suggest that because researchers have failed to find a strong empirical link between executive pay and firm performance, and since this research generally rests on models...