Corporate Entrepreneurship, Agency Cost and Firm Performance

The book "Corporate Entrepreneurship, Agency Cost and Firm Performance" offers a comprehensive analysis of the relationships between entrepreneurial actions within companies and the associated agency costs. The study aims to fill a gap in the existing literature by examining the interactions between corporate entrepreneurship and agency costs. A central concern is to illuminate the moderating role of agency costs on the relationship between corporate entrepreneurship and firm performance. The theoretical foundations are thoroughly addressed, followed by an empirical model that tests the relationship between these concepts. The results reveal a significant negative relationship between corporate entrepreneurship and agency costs, while no moderating influence of agency costs on firm performance could be identified. The findings suggest that corporate entrepreneurship can serve as an effective strategy for reducing agency problems within organizations, leading to improved performance.