An assessment of agency theory in the context of higher education institutions

The rationale of this concept paper is to describe the application of Agency Theory in higher education institutions. The theory focused on the relationship between the principal and agent. Within the relationship, the most important problems that arise are informational asymmetries and goal conflic...

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Bibliographic Details
Main Authors: Ahmad, Abd Rahman, Mohd Adi, Mohd Nazir, Md Noor, Haris, Ng , Kim Soon, Azizan, Anim Zalina
Format: Conference or Workshop Item
Published: 2013
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Online Access:http://eprints.uthm.edu.my/5070/
http://eprints.uthm.edu.my/5070/1/An_Assessment_of_Agency_Theory_in_the_Context.pdf
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Summary:The rationale of this concept paper is to describe the application of Agency Theory in higher education institutions. The theory focused on the relationship between the principal and agent. Within the relationship, the most important problems that arise are informational asymmetries and goal conflicts. This is due to the incomplete information and different behaviour in the actions by the agents. Agency Theory needs to be further explore and testing to create valuable tool for research study especially in the context of higher education institutions. Within this perspective, research and the structure of this theory is applicable as a conceptual framework for the study related to the relationship between government and public funded universities.