Graduate studies at Western
Journal of Business Ethics 17 (7):745-755 (1998)
|Abstract||This paper evaluates the current use of the Principal Agent Model (PAM) in accounting and finance, focusing on the agent'ss use of private information. The agent'ss behavioral norms in the the PAM deviate from commonly held ethical values in society, from models of man in conventional economic theory, and also from behavioral foundations of related business school fields like corporate strategy, business ethics, and human resource management. Still, it would be unwise to reject the PAM solely because of its distasteful ethical assumptions. The model does appear to have predictive power, but its descriptive or normative qualities remain unexplored. The popularity of the PAM, with its extreme model of man, raises fundamental questions about the impact of this model on business school stakeholders and society at large.|
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Göran Svensson & Greg Wood (2008). A Model of Business Ethics. Journal of Business Ethics 77 (3):303 - 322.
Chandra Sekhar Sripada (2010). The Deep Self Model and Asymmetries in Folk Judgments About Intentional Action. Philosophical Studies 151 (2):159-176.
Takashi Nishiyama, Shinpei Hibiya & Tetsuo Sawaragi (2011). Development of Agent System Based on Decision Model for Creating an Ambient Space. AI and Society 26 (3):247-259.
Owen Holland (2007). A Strongly Embodied Approach to Machine Consciousness. Journal of Consciousness Studies 14 (7):97-110.
Douglas Walton (2011). A Dialogue Model of Belief. Argument and Computation 1 (1):23-46.
Carla Bagnoli (2000). Value in the Guise of Regret. Philosophical Explorations 3 (2):169 – 187.
Leslie J. Vermillion, Walfried M. Lassar & Robert D. Winsor (2002). The Hunt–Vitell General Theoryof Marketing Ethics: Can It Enhance Our Understanding of Principal-Agent Relationships in Channels of Distribution? [REVIEW] Journal of Business Ethics 41 (3):267 - 285.
Added to index2009-01-28
Total downloads5 ( #170,343 of 739,155 )
Recent downloads (6 months)1 ( #61,778 of 739,155 )
How can I increase my downloads?