The Effects of Managers’ Moral Philosophy on Project Decision Under Agency Problem Conditions

This study derives an improved model of managers’ decision-making behavior regarding possibly failing projects. Instead of adopting cognitive moral development used by Rutledge and Karim (Accounting, Organization and Society 24, 173–184, 1999) this investigation uses the agency theory framework to c...

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Bibliographic Details
Authors: Huang, Cheng-Li (Author) ; Chang, Bao-Guang (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2010
In: Journal of business ethics
Year: 2010, Volume: 94, Issue: 4, Pages: 595-611
Further subjects:B Agency problem
B Moral Philosophy
B escalation of commitment
B project evaluation
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