[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
:: Volume 8, Issue 27 (spring 2015) ::
پژوهش نامه اخلاق 2015, 8(27): 27-48 Back to browse issues page
Ethics’ Perspective on Agency Theory
Seyyed Abbas Hashemi, Mojtaba Soleymani Marshk *
Abstract:   (12804 Views)

The positive approach and its follower, the agency theory, have had a great impact upon the line of research in accounting field. Based on the agency theory, “company” includes a set of conventional relations and its aim is maximizing the shareholders’ wealth. Because of different purposes, self-interest, and opportunism,there is constant conflicts of interest between the brokers and agents; meanwhile, the theory of agency is seeking some strategies to minimize the costs of this conflict. In this paper, the principles of the theory of agency are explained and the criticisms directed to this theory are analyzed through ethics perspective. The paper adopts an analytico-descriptive structure and for collecting theoretical principles and materials, documentary and library methods were used. Because of limited and simplistic perspective as well as ignoring the ethical norms and social aspects, the agency theory has a limited capacity to describe and predict human behaviors.

Keywords: Agency Theory, Positive Approach, Ethics, Broker and Agent.
Full-Text [PDF 306 kb]   (790 Downloads)    
Type of Study: Applicable | Subject: Normative ethics
Received: 2014/06/15 | Accepted: 2015/04/18 | Published: 2018/04/23
Send email to the article author

Add your comments about this article
Your username or Email:


XML   Persian Abstract   Print

Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Hashemi S A, Soleymani Marshk M. Ethics’ Perspective on Agency Theory . پژوهش نامه اخلاق. 2015; 8 (27) :27-48
URL: http://akhlagh.maaref.ac.ir/article-1-253-en.html

Volume 8, Issue 27 (spring 2015) Back to browse issues page
فصلنامه علمی پژوهشنامه اخلاق Research Quarterly in Islamic Ethics
Persian site map - English site map - Created in 0.1 seconds with 30 queries by YEKTAWEB 4263