Lail, Bradley; MacGregor, Jason; Stuebs, Martin; … - In: Journal of Business Ethics 126 (2015) 1, pp. 25-37
upon their perspective as to what motivates management. A compliance-based approach, rooted in agency theory’s assumption … that managers act in their own best interests, seeks to mandate desirable behavior through elevated monitoring and reduced … guardians and grants them greater discretion without burdensome external monitoring. In practice, regulations fall on a …