Evaluation of Diogenic Approach as Philosopy Basis For Agency Theory

Uğur Keskin; Orkun Şen

Article Details

Evaluation of Diogenic Approach as Philosopy Basis For Agency Theory

Authors:

Uğur Keskin | Orkun Şen

Publisher:

Gumushane University

Journal:

Gümüşhane Üniversitesi Sosyal Bilimler Dergisi Vol.14 Issue 3, pp.739-751

Document Type:

Article

Publication Date:

9/2023

Document Language:

Turkish

Document ID (Org No.):

2001300724

pISSN:

1309-7423

Keywords:

Abstract:

 The agency theory deals with the interrelations of a principal and an agent who engage in cooperative behavior. This relationship between individuals also has organizational reflections and the economic interaction in question contains theoretical aspects that are discussed in the context of management science. In this respect, agency theory examines the problems that come to the for in principal-agent relations and aims to minimize the costs arising from the interaction-based relationship. The ancient thinker Diogenes both pioneered many forms of behavior that have equivalents within the scope of the agency theory, which is discussed today, and put forward views that explain the behavior. The views put forward by Diogenes reveal a wide scope when considered with todays theories. Therefore, in this article, Diogeness philosophical views on life are discussed in terms of contract costs and limited rationality within the scope of agency theory. This article is a qualitative review that document analysis was used as a research design. In the article, various transfers, evaluations and interpretations are presented on the Diogenic approach of the concepts of contract costs and bounded rationality, which have a prominent place in agency theory. As a result, it has been reached the conclusion that Diogenes has already exhibited the issues that are being discussed within the scope of the theory of agency centuries ago within the scope of his efforts to enlighten the people around him and as a vital practice.

 The agency theory deals with the interrelations of a principal and an agent who engage in cooperative behavior. This relationship between individuals also has organizational reflections and the economic interaction in question contains theoretical aspects that are discussed in the context of management science. In this respect, agency theory examines the problems that come to the for in principal-agent relations and aims to minimize the costs arising from the interaction-based relationship. The ancient thinker Diogenes both pioneered many forms of behavior that have equivalents within the scope of the agency theory, which is discussed today, and put forward views that explain the behavior. The views put forward by Diogenes reveal a wide scope when considered with todays theories. Therefore, in this article, Diogeness philosophical views on life are discussed in terms of contract costs and limited rationality within the scope of agency theory. This article is a qualitative review that document analysis was used as a research design. In the article, various transfers, evaluations and interpretations are presented on the Diogenic approach of the concepts of contract costs and bounded rationality, which have a prominent place in agency theory. As a result, it has been reached the conclusion that Diogenes has already exhibited the issues that are being discussed within the scope of the theory of agency centuries ago within the scope of his efforts to enlighten the people around him and as a vital practice.

 The agency theory deals with the interrelations of a principal and an agent who engage in cooperative behavior. This relationship between individuals also has organizational reflections and the economic interaction in question contains theoretical aspects that are discussed in the context of management science. In this respect, agency theory examines the problems that come to the for in principal-agent relations and aims to minimize the costs arising from the interaction-based relationship. The ancient thinker Diogenes both pioneered many forms of behavior that have equivalents within the scope of the agency theory, which is discussed today, and put forward views that explain the behavior. The views put forward by Diogenes reveal a wide scope when considered with todays theories. Therefore, in this article, Diogeness philosophical views on life are discussed in terms of contract costs and limited rationality within the scope of agency theory. This article is a qualitative review that document analysis was used as a research design. In the article, various transfers, evaluations and interpretations are presented on the Diogenic approach of the concepts of contract costs and bounded rationality, which have a prominent place in agency theory. As a result, it has been reached the conclusion that Diogenes has already exhibited the issues that are being discussed within the scope of the theory of agency centuries ago within the scope of his efforts to enlighten the people around him and as a vital practice.

 Vekalet teorisi, işbirliği davranışlarında bulunan bir asil ile bir vekilin karşılıklı ilişkilerini ele almaktadır. Bireyler arasındaki bu ilişkinin örgütsel yansımaları da bulunmakta, söz konusu iktisadi etkileşim, yönetim bilimi bağlamında ele alınan teorik yönler barındırmaktadır. Bu yönüyle vekalet teorisi, asil-vekil ilişkilerinde gündeme gelen sorunları incelemekte ve etkileşime dayalı ilişkiden kaynaklanan maliyetleri asgari düzeye indirgemeyi amaçlamaktadır. Antik çağ düşünürü Diyojen, günümüzde ele alınan vekalet teorisi kapsamında karşılığı bulunan birçok davranış biçimine hem öncülük etmiş hem de davranışı açıklayan görüşler öne sürmüştür. Diyojenin öne sürdüğü görüşler, günümüz teorileri ile ele alındığında oldukça geniş bir kapsam ortaya koymaktadır. Dolayısıyla bu makalede Diyojenin yaşama dair ve felsefi görüşleri, vekalet teorisi kapsamında sözleşme maliyetleri ve sınırlı rasyonellik özelinde ele alınmıştır. Nitel bir inceleme olan bu makalede araştırma deseni olarak doküman incelemesine başvurulmuştur. Makalede, vekalet teorisinde belirgin bir yere sahip olan sözleşme maliyetleri ve sınırlı rasyonellik kavramlarının, Diyojenik yaklaşımdaki karşılığı üzerine çeşitli aktarım, değerlendirme ve yorumlar ortaya konulmuştur. Sonuç olarak Diyojenin vekalet teorisi kapsamında günümüzde tartışılmakta olan konuları, yüzyıllar öncesinde çevresindekileri aydınlatma çabası kapsamında ve yaşamsal pratik olarak zaten sergilemekte olduğu kanaatine ulaşılmıştır.

Article Details

Evaluation of Diogenic Approach as Philosopy Basis For Agency Theory

Authors:

Uğur Keskin | Orkun Şen

Publisher:

Gumushane University

Journal:

Gümüşhane Üniversitesi Sosyal Bilimler Dergisi Vol.14 Issue 3, pp.739-751

Document Type:

Article

Publication Date:

9/2023

Document Language:

Turkish

Document ID (Org No.):

2001300724

pISSN:

1309-7423

Economic Organization Theories

Agency Theory

Diogenesİktisadi Örgüt Teorileri

Vekalet Teorisi

Diyojen

Issues

Article Details

Evaluation of Diogenic Approach as Philosopy Basis For Agency Theory

Authors: Uğur Keskin | Orkun Şen

Publisher: Gumushane University

Journal: Gümüşhane Üniversitesi Sosyal Bilimler Dergisi Vol.14 Issue 3, pp.739-751

Document Type: Article

Publication Date: 9/2023

Document Language: Turkish

Document ID (Org No.): 2001300724

pISSN: 1309-7423

Economic Organization Theories

Agency Theory

Diogenesİktisadi Örgüt Teorileri

Vekalet Teorisi

Diyojen

Issues

Authors:

Uğur Keskin | Orkun Şen

Publisher:

Gumushane University

Journal:

Gümüşhane Üniversitesi Sosyal Bilimler Dergisi Vol.14 Issue 3, pp.739-751

Document Type:

Article

Publication Date:

9/2023

Document Language:

Turkish

Document ID (Org No.):

2001300724

pISSN:

1309-7423