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Administrative Issues Journal

Agency theory

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Full-Text Articles in Education

Managerial Cognitive Moral Development And The Firm's Owners' Salience: Empirical Evidence, Aleksey Martynov, Sergey Logachev Jun 2016

Managerial Cognitive Moral Development And The Firm's Owners' Salience: Empirical Evidence, Aleksey Martynov, Sergey Logachev

Administrative Issues Journal

In this paper, we study the agency relationship between the firm's owners and managers. We apply the theory of Cognitive Moral Development (CMD) to answer the question: what factors affect salience of the interests of the firm's owners to the managers? Using a sample of Russian managers, we found that higher levels of CMD weaken the relationship between the owners' perceived urgency and the owners' salience and strengthen the relationship between the owners' perceived power and the owners' salience. We also found that managerial CMD is positively associated with the perceived legitimacy of the owners' demands to the managers. Our …


Symbolic Interactionism And Moral Hazards In Higher Education, Louella Moore Oct 2012

Symbolic Interactionism And Moral Hazards In Higher Education, Louella Moore

Administrative Issues Journal

Public colleges and universities today are more than institutions of academic study. They play a role in the economic and social life of their communities by engaging in partnerships aimed at enhancing their scope and brand image. This paper suggests these partnered activities do more than just manage costs and replace state support during economic downturns; the activities are also central to managing the image and political scope of the institution. This paper presents an exploratory, multi-disciplinary examination of the market forces and potential moral hazards inherent in hybrid public/private partnerships in higher education. Agency and symbolic interaction concepts are …