Professor, University of Lausanne
In an article with N. Kavadis forthcoming in the Strategic Management Journal, we examine whether what agency theory proposes as good corporate governance and which has diffused as law and …
Does ‘good’ corporate governance prevent bad strategy? Read MoreReading E. Fivat’s dissertation proposal made me think about the appropriateness of applying agency theory to public administration. Developed for for-profit corporations in mind (Ross, 1973; Meckling & Jensen, 1976; …
Applying agency theory to public administration (government) Read MoreAt the May 26th HEC centennial debate on responsible management, Dr. Schwab formulated an implicit criticism to managerial incentives by asking why managers should benefit from variable compensation (bonuses) and …
Why managers often have variable compensation and not physicians – and whether variable compensation is good Read MoreIn reading E. Fivat’s dissertation proposal, one wonders whether creating agencies (“agentification”) is the appropriate solution to make public organizations more effective and efficient. Public bureaucracies have been blamed for not …
Creating public agencies or reforming public bureaucracy? Read More