Research Article
BibTex RIS Cite

A Bibliometric Research on Agency Theory

Year 2023, Volume: 13 Issue: 4, 1650 - 1670, 21.02.2024
https://doi.org/10.18074/ckuiibfd.1356920

Abstract

The growth and complexity of organizations make it necessary for organizational management to have knowledge in every field. In order for organizations to continue this process in the right way, they need to employ experts and adequate people in all units, especially in managerial areas. However, this situation brings along various problems. The agency theory developed in this context discusses such problems. Within the scope of this study, in order to examine the agency theory in a rigorous manner, the studies in the Web of Science database between 2013 and 2022 were examined by bibliometric analysis method. Within the scope of the research, 1573 articles were analyzed by bibliometric analysis. It has been observed that the importance of agency theory has increased with the development of modern organizational structures and that agency theory has been examined more by associating it with many concepts within the scope of the study. It is thought that the findings obtained in the study will provide a strong basis for researchers who will conduct studies on agency theory in the future. The study is limited to the period of data evaluation and only the articles in the field of business and management in the Web of Science database.

References

  • Ahmed, A., Paruchuri, H., Vadlamudi, S., & Ganapathy, A. (2021). Cryptography in Financial Markets: Potential channels for future financial stability. Academy of Accounting Financial Studies Journal, 25(4), 1-9.
  • Alves, S. (2023). CEO duality, earnings quality and board independence. Journal of Financial Reporting and Accounting, 21(2), 217-231.
  • Aytekin, S. S. (2022). Yönetim Kurullarını Vekâlet Teorisi Perspektifiyle Ele Alan Araştırmaların Bibliyometrik Analizi. The Journal of International Scientific Researches, 7(3), 317-335.
  • Bendickson, J., Muldoon, J., Liguori, E., & Davis, P. E. (2016). Agency theory: the times, they are a-changin. Management Decision, 54(1), 174-193.
  • Bendickson, J., Muldoon, J., Liguori, E., & Davis, P. E. (2016). Agency theory: the times, they are a-changin. Management Decision, 54(1), 174-193.
  • Bosse, D. A., & Phillips, R. A. (2016). Agency theory and bounded self-interest. Academy of management review, 41(2), 276-297.
  • Bruno, E. E. (2019). Principal-agent relation and contracting-out for employment case management to enable third-country nationals’ transition to work. NISPAcee. Journal of Public Administration and Policy, 12(2), 9-28.
  • Clark, C. E., Arora, P., & Gabaldon, P. (2021). Female Representation on Corporate Boards in Europe: The Interplay of Organizational Social Consciousness and Institutions. Journal of Business Ethics, 180, 165-186.
  • Cohen, B., & Kietzmann, J. (2014). Ride on! Mobility business models for the sharing economy. Organization & Environment, 27(3), 279-296.
  • De Falco, S. E., & Renzi, A. (2007). Agency theory, stewardship theory and residual right: logics and interpretative models. Tourism & Management Studies, 3, 27-41.
  • Desender, K. A., Aguilera, R. V., Crespi, R., & GarcÍa‐cestona, M. (2013). When does ownership matter? Board characteristics and behavior. Strategic Management Journal, 34(7), 823-842.
  • Din, S. U., Khan, M. A., Khan, M. J., & Khan, M. Y. (2021). Ownership structure and corporate financial performance in an emerging market: a dynamic panel data analysis. International Journal of Emerging Markets, 17(8), 1973-1997.
  • Dharmawijaya, I. R., Wiksuana, I. G., Ramantha, W., & Sedana, B. (2021). Cultural capital based on agency theory (study at village credit institutions in Bali). Academy of Accounting Financial Studies Journal, 25(1), 1-12.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285-296.
  • Eisenhardt, K. M. (1989). Agency Theory: An Assessment and Review. Academy of Management, 57-74.
  • Fama, E. F. (1980). Agency Problems and the Theory of the Firm. Journal of Political Economy, 268-307.
  • Franco‐Santos, M., & Otley, D. (2018). Reviewing and theorizing the unintended consequences of performance management systems. International Journal of Management Reviews, 20(3), 696-730.
  • Frynas, J. G., & Yamahaki, C. (2016). Corporate social responsibility: Review and roadmap of theoretical perspectives. Business Ethics: A European Review, 25(3), 258-285.
  • García, C. J., & Herrero, B. (2021). Female directors, capital structure, and financial distress. Journal of Business Research, 136, 592-601.
  • Gwala, R. S., & Mashau, P. (2023). COVID-19 and SME Adoption of Social Media in Developing Economies in Africa. In Strengthening SME Performance Through Social Media Adoption and Usage. IGI Global., 133-152.
  • Hussain, N., Rigoni, U., & Orij, R. P. (2018). Corporate governance and sustainability performance: Analysis of triple bottom line performance. Journal of business ethics, 149, 411-432.
  • Jones, G. R. (2010). Organizational Theory, Design and Change. Saddle River: Pearson.
  • Keskin, H., Akgün, A. E., & Koçoğlu, İ. (2016). Örgüt Teorisi. Ankara: Nobel.
  • Koçel, T. (2018). İşletme Yöneticiliği. İstanbul: Beta Yayınları.
  • Mitchell, R., & Meacheam, D. (2011). Knowledge worker control: understanding via pirincipial and agency theory. The Learning Organization, 18(2), 149-160.
  • Onjewu, A.-K. E., Walton, N., & Ioannis, K. (2023). Blockchain agency theory. Technological Forecasting & Social Change, 191, 1-10.
  • Puranam, P., Stieglitz, N., Osman, M., & Pillutla, M. M. (2015). Modelling Bounded Rationality in Organizations: Progress and Prospects. Academy of Management Annals,, 9(1), 337-392.
  • Rocha , H. O., & Ghoshal, S. (2006). Beyond Self-Interest Revisited. Journal of Management Studies, 43(3), 585-619.
  • Shaikh, I. A., Wang, Z. H., & Drira, M. (2023). How retaining different inside directors on the board influences R&D-intensity: An extension of agency-theory applied to the high-tech sectors. Journal of High Technology Management Research, 34, 1-13.
  • Shapiro, S. P. (2005). Agency Theory. Annual Reviews., 31, 263-284.
  • Sözen, C. H., & Basım, N. H. (2012). Örgüt Kuramları. İstanbul: Beta .
  • Tijjani, A. A., & Bello, M. S. (2019). Corporate Ownership And Dividend Policy: Agency Theory Perspectives. International Journal of Innovative Research and Advanced Studies, 6(7), 90-97.
  • Tulung, J. E., & Ramdani, D. (2018). Independence, size and performance of the board: An emerging market research. Corporate Ownership Control,, 15(2), 1-17.
  • Wang, Y., Derakhshan, A., & Zhang, L. J. (2021). Researching and practicing positive psychology in second/foreign language learning and teaching: The past, current status and future directions. Frontiers in. Positive Psychology, a section of the journal Frontiers in Psychology, 12, 721-731.
  • Wastı, N. (2013). İktisadi Örgüt Kuramları. D. Taşcı, & E. Erdemir içinde, Örgüt Kuramı (s. 104-118). Eskişehir: Anadolu Üniversitesi.
  • Westphal, J. D., & Zajac, E. J. (2013). A behavioral theory of corporate governance: Explicating the mechanisms of socially situated and socially constituted agency. Academy of Management Annals, 7(1), 607-661.
  • Ye, D., Deng, J., Liu, Y., Szewczyk, S. H., & Chen, X. (2019). Does board gender diversity increase dividend payouts? Analysis of global evidence. Journal of Corporate Finance, 58, 1-26.
  • Zhou, K. Z., Gao, G. Y., & Zhao, H. (2017). State ownership and firm innovation in China: An integrated view of institutional and efficiency logics. Administrative Science Quarterly, 62(2), 375-404.

Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma

Year 2023, Volume: 13 Issue: 4, 1650 - 1670, 21.02.2024
https://doi.org/10.18074/ckuiibfd.1356920

Abstract

Örgütlerin büyümesi ve karmaşıklaşması örgüt yönetiminin her alanda bilgi sahibi olmasını da gerekli hale getirmektedir. Örgütlerin, bu süreci doğru bir şekilde devam ettirebilmesi için başta yönetsel alanlar olmak üzere tüm birimlerde uzman ve yeterli kişileri istihdam etmesi gerekmektedir. Ancak bu durum çeşitli sorunları da beraberinde getirmektedir. Bu bağlamda geliştirilen vekâlet kuramı bu gibi sorunları tartışmaktadır. Bu çalışma kapsamında da vekâlet teorisinin titiz bir şekilde incelenebilmesi için Web of Science veri tabanında yer alan 2013-2022 yılları arasındaki çalışmalar bibliyometrik analiz yöntemiyle incelenmiştir. Araştırma kapsamında bibliyometrik analiz yapılarak 1573 makale incelenmiştir. Modern örgüt yapılarının gelişimiyle beraber, vekâlet teorisinin öneminin daha da arttığı ve çalışma kapsamında vekâlet teorisinin birçok kavram ile ilişkilendirilerek daha fazla incelendiği görülmüştür. Çalışmada elde edilen bulguların gelecekte vekâlet teorisi üzerine çalışmalar yapacak araştırmacılara güçlü bir temel sağlayacağı düşünülmektedir. Çalışma, verilerin değerlendirmeye alındığı dönem ve yalnızca Web of Science veri tabanında yer alan işletme ve yönetim alanındaki makaleler ile sınırlıdır.

References

  • Ahmed, A., Paruchuri, H., Vadlamudi, S., & Ganapathy, A. (2021). Cryptography in Financial Markets: Potential channels for future financial stability. Academy of Accounting Financial Studies Journal, 25(4), 1-9.
  • Alves, S. (2023). CEO duality, earnings quality and board independence. Journal of Financial Reporting and Accounting, 21(2), 217-231.
  • Aytekin, S. S. (2022). Yönetim Kurullarını Vekâlet Teorisi Perspektifiyle Ele Alan Araştırmaların Bibliyometrik Analizi. The Journal of International Scientific Researches, 7(3), 317-335.
  • Bendickson, J., Muldoon, J., Liguori, E., & Davis, P. E. (2016). Agency theory: the times, they are a-changin. Management Decision, 54(1), 174-193.
  • Bendickson, J., Muldoon, J., Liguori, E., & Davis, P. E. (2016). Agency theory: the times, they are a-changin. Management Decision, 54(1), 174-193.
  • Bosse, D. A., & Phillips, R. A. (2016). Agency theory and bounded self-interest. Academy of management review, 41(2), 276-297.
  • Bruno, E. E. (2019). Principal-agent relation and contracting-out for employment case management to enable third-country nationals’ transition to work. NISPAcee. Journal of Public Administration and Policy, 12(2), 9-28.
  • Clark, C. E., Arora, P., & Gabaldon, P. (2021). Female Representation on Corporate Boards in Europe: The Interplay of Organizational Social Consciousness and Institutions. Journal of Business Ethics, 180, 165-186.
  • Cohen, B., & Kietzmann, J. (2014). Ride on! Mobility business models for the sharing economy. Organization & Environment, 27(3), 279-296.
  • De Falco, S. E., & Renzi, A. (2007). Agency theory, stewardship theory and residual right: logics and interpretative models. Tourism & Management Studies, 3, 27-41.
  • Desender, K. A., Aguilera, R. V., Crespi, R., & GarcÍa‐cestona, M. (2013). When does ownership matter? Board characteristics and behavior. Strategic Management Journal, 34(7), 823-842.
  • Din, S. U., Khan, M. A., Khan, M. J., & Khan, M. Y. (2021). Ownership structure and corporate financial performance in an emerging market: a dynamic panel data analysis. International Journal of Emerging Markets, 17(8), 1973-1997.
  • Dharmawijaya, I. R., Wiksuana, I. G., Ramantha, W., & Sedana, B. (2021). Cultural capital based on agency theory (study at village credit institutions in Bali). Academy of Accounting Financial Studies Journal, 25(1), 1-12.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285-296.
  • Eisenhardt, K. M. (1989). Agency Theory: An Assessment and Review. Academy of Management, 57-74.
  • Fama, E. F. (1980). Agency Problems and the Theory of the Firm. Journal of Political Economy, 268-307.
  • Franco‐Santos, M., & Otley, D. (2018). Reviewing and theorizing the unintended consequences of performance management systems. International Journal of Management Reviews, 20(3), 696-730.
  • Frynas, J. G., & Yamahaki, C. (2016). Corporate social responsibility: Review and roadmap of theoretical perspectives. Business Ethics: A European Review, 25(3), 258-285.
  • García, C. J., & Herrero, B. (2021). Female directors, capital structure, and financial distress. Journal of Business Research, 136, 592-601.
  • Gwala, R. S., & Mashau, P. (2023). COVID-19 and SME Adoption of Social Media in Developing Economies in Africa. In Strengthening SME Performance Through Social Media Adoption and Usage. IGI Global., 133-152.
  • Hussain, N., Rigoni, U., & Orij, R. P. (2018). Corporate governance and sustainability performance: Analysis of triple bottom line performance. Journal of business ethics, 149, 411-432.
  • Jones, G. R. (2010). Organizational Theory, Design and Change. Saddle River: Pearson.
  • Keskin, H., Akgün, A. E., & Koçoğlu, İ. (2016). Örgüt Teorisi. Ankara: Nobel.
  • Koçel, T. (2018). İşletme Yöneticiliği. İstanbul: Beta Yayınları.
  • Mitchell, R., & Meacheam, D. (2011). Knowledge worker control: understanding via pirincipial and agency theory. The Learning Organization, 18(2), 149-160.
  • Onjewu, A.-K. E., Walton, N., & Ioannis, K. (2023). Blockchain agency theory. Technological Forecasting & Social Change, 191, 1-10.
  • Puranam, P., Stieglitz, N., Osman, M., & Pillutla, M. M. (2015). Modelling Bounded Rationality in Organizations: Progress and Prospects. Academy of Management Annals,, 9(1), 337-392.
  • Rocha , H. O., & Ghoshal, S. (2006). Beyond Self-Interest Revisited. Journal of Management Studies, 43(3), 585-619.
  • Shaikh, I. A., Wang, Z. H., & Drira, M. (2023). How retaining different inside directors on the board influences R&D-intensity: An extension of agency-theory applied to the high-tech sectors. Journal of High Technology Management Research, 34, 1-13.
  • Shapiro, S. P. (2005). Agency Theory. Annual Reviews., 31, 263-284.
  • Sözen, C. H., & Basım, N. H. (2012). Örgüt Kuramları. İstanbul: Beta .
  • Tijjani, A. A., & Bello, M. S. (2019). Corporate Ownership And Dividend Policy: Agency Theory Perspectives. International Journal of Innovative Research and Advanced Studies, 6(7), 90-97.
  • Tulung, J. E., & Ramdani, D. (2018). Independence, size and performance of the board: An emerging market research. Corporate Ownership Control,, 15(2), 1-17.
  • Wang, Y., Derakhshan, A., & Zhang, L. J. (2021). Researching and practicing positive psychology in second/foreign language learning and teaching: The past, current status and future directions. Frontiers in. Positive Psychology, a section of the journal Frontiers in Psychology, 12, 721-731.
  • Wastı, N. (2013). İktisadi Örgüt Kuramları. D. Taşcı, & E. Erdemir içinde, Örgüt Kuramı (s. 104-118). Eskişehir: Anadolu Üniversitesi.
  • Westphal, J. D., & Zajac, E. J. (2013). A behavioral theory of corporate governance: Explicating the mechanisms of socially situated and socially constituted agency. Academy of Management Annals, 7(1), 607-661.
  • Ye, D., Deng, J., Liu, Y., Szewczyk, S. H., & Chen, X. (2019). Does board gender diversity increase dividend payouts? Analysis of global evidence. Journal of Corporate Finance, 58, 1-26.
  • Zhou, K. Z., Gao, G. Y., & Zhao, H. (2017). State ownership and firm innovation in China: An integrated view of institutional and efficiency logics. Administrative Science Quarterly, 62(2), 375-404.
There are 38 citations in total.

Details

Primary Language Turkish
Subjects Business Administration
Journal Section Bibliyografi
Authors

Feride Bal 0000-0003-4641-6151

Ozan Emre Ufacık 0000-0002-7982-6440

Early Pub Date December 29, 2023
Publication Date February 21, 2024
Published in Issue Year 2023 Volume: 13 Issue: 4

Cite

APA Bal, F., & Ufacık, O. E. (2024). Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 13(4), 1650-1670. https://doi.org/10.18074/ckuiibfd.1356920
AMA Bal F, Ufacık OE. Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. February 2024;13(4):1650-1670. doi:10.18074/ckuiibfd.1356920
Chicago Bal, Feride, and Ozan Emre Ufacık. “Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma”. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 13, no. 4 (February 2024): 1650-70. https://doi.org/10.18074/ckuiibfd.1356920.
EndNote Bal F, Ufacık OE (February 1, 2024) Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 13 4 1650–1670.
IEEE F. Bal and O. E. Ufacık, “Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma”, Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 13, no. 4, pp. 1650–1670, 2024, doi: 10.18074/ckuiibfd.1356920.
ISNAD Bal, Feride - Ufacık, Ozan Emre. “Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma”. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 13/4 (February 2024), 1650-1670. https://doi.org/10.18074/ckuiibfd.1356920.
JAMA Bal F, Ufacık OE. Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2024;13:1650–1670.
MLA Bal, Feride and Ozan Emre Ufacık. “Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma”. Çankırı Karatekin Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 13, no. 4, 2024, pp. 1650-7, doi:10.18074/ckuiibfd.1356920.
Vancouver Bal F, Ufacık OE. Vekâlet Teorisi Üzerine Bibliyometrik Bir Araştırma. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2024;13(4):1650-7.