AGENCY THEORY AND ORGANIZATIONAL CONFLICTS: THE INFLUENCE OF TRANSFER AND PROMOTION IN AGENCY COSTS IN A FINANCIAL INSTITUION
Abstract
The capillarity of the financial sector, which performs its activities in several cities and consequently thousands of agencies demands, as a way to appropriately represent the institution, not only the promotion but also the transfer of executives to occupy management position in other cities and agencies acting as institutions' owners/stockholders institutions. This paper analyzes the existence of familiar conflicts originated from a promotion and/or transfer and if these eventual conflicts may influence the managers behavior, in extent to produce some agency cost. Thus, based on the Agency Theory and organizational conflicts literature, a group of managers in a Brazilian financial institution was researched. As a result of a questionnaire application, the managers consult their families during the promotion and/or transfer process and that process may generate conflicts. The results indicate that, according to the researched managers, they can be influenced by a promotion and/or transference situation, being able to have their performance jeopardized, generating agency costs.
Downloads
Published
Issue
Section
License
Once the papers have been approved, the authors will assign their copyrights to this Journal. The Copyright Assignment Conditions include:
1. The Mackenzie Administration Journal holds the rights to all the papers published therein through assignment of copyright.
2. The author retains moral rights to the paper, including the right to identify the author whenever the article is published.
3. As of July 1, 2015 RAM adopted the CC-BY license standard (Creative Commons– BY). Authors are allowed to copy, distribute, display, transmit and adapt articles. Authors must attribute to RAM explicitly and clearly an article’s original publication (with reference to the journal’s name, edition, year and pages in which the article was originally published), yet without suggesting that RAM endorses the author or its use of the article. Contents are released by means of the CC-BY license to fully inter-operate with a variety of different systems and services, including for commercial purposes. In case of an article’s reuse or distribution, authors must make the article’s licensing terms clear to third parties. CC-BY criteria follow open access policies by major OA (Open Access) publishers and journals, such as PLoS, eLife, Biomed Central and Hindawi, among others.
4. When formally requested by the author, this Journal may allow the paper to be published as a chapter or part of a book. The only requirement is that prior publication in this Journal (Journal name, issue, year and pages) must be clearly and explicitly shown as a reference.