Sociologie Românească (Apr 2004)

Dezvoltări teoretice interdisciplinare în managementul organizațional

  • Mihai Păunescu

Journal volume & issue
Vol. 2, no. 1

Abstract

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This paper aims to present the agency theory in the organisational analysis and the transformations it brought in the neo-classical theory of the firm. Agency theory is known as a borderline theory in economics and sociology mainly stemming from the distinction between ownership and control in the corporate business and the unbalanced power and leverage that managers have in these organisations. The study goes even further, arguing for the ethical neutrality of the concept of efficiency, so dear to economists` hearts. The study unveils the ways in which ethical reflection could be employed in organisational and management analysis, thus leading to a normative theory of management. These disciplinary developments starting from the neo-classical theory of the firm constitute major steps towards unifying the assumptions of the social sciences, at least in the organisations` field of study.