Context matters: a critique of agency theory in corporate governance research in emerging countries
This paper aims to provide an overview of the trend or focus in the research of corporate governance in emerging countries with the aim to identify the gaps in the existing literature.The review notes that corporate governance research in emerging countries is dominated by economic perspective, in p...
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| Format: | Article |
| Language: | English |
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EconJournals
2016
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| Online Access: | https://repo.uum.edu.my/id/eprint/21514/1/IJEF%206%20S7%202016%20154%20158.pdf |
| _version_ | 1825804573801971712 |
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| author | Mohamad Yusof, Nor Zalina |
| author_facet | Mohamad Yusof, Nor Zalina |
| author_sort | Mohamad Yusof, Nor Zalina |
| collection | UUM |
| description | This paper aims to provide an overview of the trend or focus in the research of corporate governance in emerging countries with the aim to identify the gaps in the existing literature.The review notes that corporate governance research in emerging countries is dominated by economic perspective, in particular the agency theory, as researchers follow the strands of research conducted in the more advanced countries, especially the US and the UK.This paper argues that although influential, agency theory is unable to provide sufficient understanding on many issues related to practices for the fact that corporate governance is not happening in social vacuum; it is affected by various other institutional factors and local context.Hence, in order to gain better understanding of corporate governance in emerging countries, alternatives perspectives or theories, such as institutional theory, should be employed by the researchers. |
| first_indexed | 2024-07-04T06:17:46Z |
| format | Article |
| id | uum-21514 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:17:46Z |
| publishDate | 2016 |
| publisher | EconJournals |
| record_format | eprints |
| spelling | uum-215142017-04-05T08:01:46Z https://repo.uum.edu.my/id/eprint/21514/ Context matters: a critique of agency theory in corporate governance research in emerging countries Mohamad Yusof, Nor Zalina HD28 Management. Industrial Management This paper aims to provide an overview of the trend or focus in the research of corporate governance in emerging countries with the aim to identify the gaps in the existing literature.The review notes that corporate governance research in emerging countries is dominated by economic perspective, in particular the agency theory, as researchers follow the strands of research conducted in the more advanced countries, especially the US and the UK.This paper argues that although influential, agency theory is unable to provide sufficient understanding on many issues related to practices for the fact that corporate governance is not happening in social vacuum; it is affected by various other institutional factors and local context.Hence, in order to gain better understanding of corporate governance in emerging countries, alternatives perspectives or theories, such as institutional theory, should be employed by the researchers. EconJournals 2016 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/21514/1/IJEF%206%20S7%202016%20154%20158.pdf Mohamad Yusof, Nor Zalina (2016) Context matters: a critique of agency theory in corporate governance research in emerging countries. International Journal of Economics and Financial Issues, 6 (S7). pp. 154-158. ISSN 2146-4138 http://www.econjournals.com/index.php/ijefi/article/view/3599 |
| spellingShingle | HD28 Management. Industrial Management Mohamad Yusof, Nor Zalina Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title | Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title_full | Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title_fullStr | Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title_full_unstemmed | Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title_short | Context matters: a critique of agency theory in corporate governance research in emerging countries |
| title_sort | context matters a critique of agency theory in corporate governance research in emerging countries |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/21514/1/IJEF%206%20S7%202016%20154%20158.pdf |
| work_keys_str_mv | AT mohamadyusofnorzalina contextmattersacritiqueofagencytheoryincorporategovernanceresearchinemergingcountries |