Privatization in Emerging Economies: An Agency Theory Perspective

Managing International Information Technology Project Relationships: An Agency Theory Perspective

Many organizations in recent years have adopted an offshore model to deliver most or part of their information technology needs. While offshoring can be associated with significant cost savings and implementation benefits, it can also be a challenge to effectively manage the international client-vendor relationship. Thus, it is argued that the effective management, coordination and structuring ...

Software Application Outsourcing Contracts: An Agency Theory Perspective

Scholars have proposed agency, game, resource-dependency, and transaction cost theories as a means to study outsourcing. Although risks faced by outsourcing firms and developers (i.e., vendors) and corresponding agency costs have been identified, key agency constructs (e.g., firm competence, risk-neutrality of the developer) and their linkage to outsourcing practice (e.g., monitoring, screening...

Works Councils: An Agency Perspective∗

Employees’ representatives at workplace (i.e. Works Councils) are an important component of industrial relations, in particular, in Europe. This institution has been considered as efficient mechanism to avoid the lack of communication between manager and employees [Freeman and Lazear (1995)]. However, we investigate the agency problems between workers and their representatives that are supposed...

Performance measurements and impacts of privatization Performance measurement in emerging markets: Control privatization versus revenue privatization

Management Challenges in Privatization Acquisitions in Transition Economies

Large-scale privatization was at the core of economic reform in most transition economies, except China, in the 1990’s. Privatization creates special challenges for multinational investors acquiring firms in the process. Such acquisitions differ from conventional acquisitions due to the constraints imposed on strategic action by the privatization context, the depth of subsequent restructuring, ...