Establishing separate executive bodies of a confederation or of a nascent federation of states seems in many respects to be the ‘hard case’ of institution-building. This article argues that ‘agencification’ at the EU level is basically about increasing the potential for more uniform...

Previous studies have shown that agencification tends to undermine political control within a government portfolio. However, doubts have been raised as regards the robustness of these findings. In this paper we document that agency officials pay significantly less attention to signals from...

Understanding the consequences, for states and citizens, of making policy on the EU level is central to the reception of the European project and questions of democracy in the EU. This analysis places EU policy-making, trade policy in particular, in the context of bureaucratic power literature...

Peer reviews and rankings today are the backbone of research governance, but recently came under scrutiny. They take explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As scholarly research is a mainly curiosity driven...

This paper examines the interrelations among ownership, board and manager characteristics and firm performance in a sample of 54 firms listed at the Nairobi Stock Exchange (NSE). These governance characteristics, designed to minimize agency problems between principals and agents are...

The agency theory approach to understanding salesforce compensation plans is modified to incorporate the intratemporal nature of the salesperson's effort-rate decision, i.e., the decision about the effort-rate at any given point in time potentially depends upon the sales performance up to that...

This paper examines the relationship between product architecture, supply-chain performance metrics, and supply-chain efficiency. We model the contracting relationship between a supplier and a buyer. The supplier is privately informed about the outcome of his design/production investment. The...