Agency theory, corporate governance and corruption: an integrative literature review approach

AbstractThe aim of this study is to revisit the concept of the separation between ownership and control through reviewing studies on agency theory, governance, and corruption. This study applies integrative literature review as research method where the arguments and counterarguments are derived fro...

Full description

Bibliographic Details
Main Author: Mamdouh Abdulaziz Saleh Al-Faryan
Format: Article
Language:English
Published: Taylor & Francis Group 2024-12-01
Series:Cogent Social Sciences
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311886.2024.2337893
_version_ 1827278143701909504
author Mamdouh Abdulaziz Saleh Al-Faryan
author_facet Mamdouh Abdulaziz Saleh Al-Faryan
author_sort Mamdouh Abdulaziz Saleh Al-Faryan
collection DOAJ
description AbstractThe aim of this study is to revisit the concept of the separation between ownership and control through reviewing studies on agency theory, governance, and corruption. This study applies integrative literature review as research method where the arguments and counterarguments are derived from existing studies. Relevant literature is identified and read in detail using the selected review strategy. The principal goal of the study is to develop an inventory surrounding the key themes of governance, corruption, and agency theory. None of the existing studies addresses the interrelationships between agency theory, corruption, and corporate governance. This study, thus, fills the gap exploring the theoretical and empirical evidence studying the bibliometric sources. The study finds evidence in support of changing ownership pattern from diffuse to concentrated and argues that the change has caused corruption due to deepening agency crisis. The study also finds that the extant literature focuses on applied areas which calls for further studies on core areas. Incorporating the concept espoused by Berle and Means, this study brings practical implication of agency theory in real life and extends the applicability of the concept.
first_indexed 2024-04-24T07:48:09Z
format Article
id doaj.art-acb20624b3894129971715d5512bd615
institution Directory Open Access Journal
issn 2331-1886
language English
last_indexed 2024-04-24T07:48:09Z
publishDate 2024-12-01
publisher Taylor & Francis Group
record_format Article
series Cogent Social Sciences
spelling doaj.art-acb20624b3894129971715d5512bd6152024-04-18T17:23:10ZengTaylor & Francis GroupCogent Social Sciences2331-18862024-12-0110110.1080/23311886.2024.2337893Agency theory, corporate governance and corruption: an integrative literature review approachMamdouh Abdulaziz Saleh Al-Faryan0Consultant in Economics and Finance, Riyadh, Saudi ArabiaAbstractThe aim of this study is to revisit the concept of the separation between ownership and control through reviewing studies on agency theory, governance, and corruption. This study applies integrative literature review as research method where the arguments and counterarguments are derived from existing studies. Relevant literature is identified and read in detail using the selected review strategy. The principal goal of the study is to develop an inventory surrounding the key themes of governance, corruption, and agency theory. None of the existing studies addresses the interrelationships between agency theory, corruption, and corporate governance. This study, thus, fills the gap exploring the theoretical and empirical evidence studying the bibliometric sources. The study finds evidence in support of changing ownership pattern from diffuse to concentrated and argues that the change has caused corruption due to deepening agency crisis. The study also finds that the extant literature focuses on applied areas which calls for further studies on core areas. Incorporating the concept espoused by Berle and Means, this study brings practical implication of agency theory in real life and extends the applicability of the concept.https://www.tandfonline.com/doi/10.1080/23311886.2024.2337893Agency problemagency theorycontrolcorporate governancecorruptionownership
spellingShingle Mamdouh Abdulaziz Saleh Al-Faryan
Agency theory, corporate governance and corruption: an integrative literature review approach
Cogent Social Sciences
Agency problem
agency theory
control
corporate governance
corruption
ownership
title Agency theory, corporate governance and corruption: an integrative literature review approach
title_full Agency theory, corporate governance and corruption: an integrative literature review approach
title_fullStr Agency theory, corporate governance and corruption: an integrative literature review approach
title_full_unstemmed Agency theory, corporate governance and corruption: an integrative literature review approach
title_short Agency theory, corporate governance and corruption: an integrative literature review approach
title_sort agency theory corporate governance and corruption an integrative literature review approach
topic Agency problem
agency theory
control
corporate governance
corruption
ownership
url https://www.tandfonline.com/doi/10.1080/23311886.2024.2337893
work_keys_str_mv AT mamdouhabdulazizsalehalfaryan agencytheorycorporategovernanceandcorruptionanintegrativeliteraturereviewapproach