TY - CHAP
T1 - Towards a typology of governance mechanisms in cross-sector partnerships based on multiple agency theory
AU - Kim, Jihye
AU - Song, Ji-Won
AU - Borah, Dhruba
PY - 2024/2/28
Y1 - 2024/2/28
N2 - We use the multiple agency theory to explain the governance issues in cross-sector partnerships. In doing so, we identify five typologies of cross-sector partnerships, each distinct from one another in terms of the governance structure. We also discuss three problems that occur in these relationships, mainly differences in institutional logic, temporal differences, and free-riding and opportunistic behaviour, as well as how these problems affect each type of cross-sector partnership. These findings make several contributions to the literature. First, this is one of the few studies to use agency theory to examine the governance structures in cross-sector partnerships. Second, our study further contributes to solidifying our understanding of the agency problems arising in such partnerships. Lastly, our study explains that these problems do not affect each type in the same way, leading us to offer more nuanced implications.
AB - We use the multiple agency theory to explain the governance issues in cross-sector partnerships. In doing so, we identify five typologies of cross-sector partnerships, each distinct from one another in terms of the governance structure. We also discuss three problems that occur in these relationships, mainly differences in institutional logic, temporal differences, and free-riding and opportunistic behaviour, as well as how these problems affect each type of cross-sector partnership. These findings make several contributions to the literature. First, this is one of the few studies to use agency theory to examine the governance structures in cross-sector partnerships. Second, our study further contributes to solidifying our understanding of the agency problems arising in such partnerships. Lastly, our study explains that these problems do not affect each type in the same way, leading us to offer more nuanced implications.
KW - cross-sector partnerships
KW - Multiple agency theory
KW - Governance structure
KW - Agency problems
KW - Sustainable development goals
U2 - 10.1007/978-3-031-46802-5_12
DO - 10.1007/978-3-031-46802-5_12
M3 - Chapter (peer-reviewed)
SN - 9783031468018
SN - 9783031468049
T3 - The Academy of International Business
SP - 239
EP - 262
BT - International Business and SDG 8
A2 - Sinkovics, Noemi
A2 - Sinkovics, Rudolf R.
A2 - Boussebaa, Mehdi
A2 - Fletcher, Margaret
PB - Palgrave Macmillan
ER -