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Estudios Gerenciales

Print version ISSN 0123-5923

Abstract

ARAYA, Iván  and  CRESPO, Fernando A.. Agency theory: A review of the biological origin of crime. estud.gerenc. [online]. 2016, vol.32, n.139, pp.146-153. ISSN 0123-5923.  https://doi.org/10.1016/j.estger.2016.02.002.

This paper discusses the cause of the conflict between principal and agent, looking for answers in the disciplines of biology, particularly in the science of criminal anthropology. A setting has been made between the findings of the agency theory and white-collar crime theories, reinterpreting the actions of the agent from their configuration between instinct, heritage and personality. The results in the biological sciences could provide new interpretations and explanations in administration science, moving towards better interpretations of the conflict through more empirical content theories. Overall, despite the ongoing conflict between the parties, their dynamic boosts the results sought by the principal.

Keywords : Behavioral finance; Agency theory; Criminality.

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