Social Norms and the Theory of the Firm Andrea Stricker but also to become aware

but also to become aware of their experiential influence

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Social Norms and the Theory of the Firm Andrea Stricker but also to become awareFor decades, the economic theory of the firm referred to as agency theory has dominated business research and education in the United States. Although agency theory has been influential in accounting, finance, and managerial economics, it lacks informal and nonfinancial controls. Douglas E. Stevens resolves to enhance this theory through the incorporation of social norms. Drawing on historical context related to the firm, the theory of the firm, and