Academy of Management Annual Meeting Proceedings includes abstracts of all papers and symposia presented at the annual conference, plus 6-page abridged versions of the “Best Papers” accepted for inclusion in the program (approximately 10%). Papers published in the Proceedings are abridged because presenting papers at their full length could preclude subsequent journal publication. Please contact the author(s) directly for the full papers.

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ME OR WE: THE EFFECTS OF CEO ORGANIZATIONAL IDENTIFICATION ON AGENCY COSTS.

STEVEN BOIVIE

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DONALD LANGE

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MICHAEL L. MCDONALD

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and

JAMES D. WESTPHAL

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Published Online:30 Nov 2017https://doi.org/10.5465/ambpp.2009.44243388

Abstract

The article discusses organizational theory in the context of chief executive officers' identification with the firm and the effect of organizational commitment on agency costs. The hypothesis is that an executive whose self identity is strongly connected to the company's identity or corporate image are motivated to reduce agency costs for the firm and its stakeholders. Corporate governance, self-interest and motivation in chief executive officers, unrelated corporate diversification, and the use of management controls are also discussed.

Vol. 2009, No. 1

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Published online 30 November 2017

Published in print 1 August 2009

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