An ecology of agency arrangements: mortality of savings and loan associations, 1960-1987.

A study examined whether organizations with different collectivized agency arrangements have different survival prospects. It is proposed that the structure of monitoring and incentive systems determines the agency costs of collectivized agencies and, thus, their vulnerability to competition and en...

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Bibliographic Details

Published in:	Administrative Science Quarterly Vol. 37; pp. 448 - 471
Main Authors:	Rao, Hayagreeva, Neilsen, Eric H.
Format:	Article
Published:	Administrative Science Quarterly September 1992
Subjects:	Fraternal organizations Stock companies Agency theory Savings & loan associations Bank failures History United States
Online Access:	View this record in EBSCOhost