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Mitigating Principal-Agent Problems in Base-of-the-Pyramid Markets: An Identity Spillover Perspective

Kistruck, Geoffrey M - ; Sutter, J Christopher - ; Robert B. Lount Jr. - ; Smith, Brett R - ;

The potential for profitably distributing products to previously underserved ?base-of-the-pyramid? (BOP) markets as a means of poverty alleviation has received growing interest within the management field. However, such business models often struggle with the agency costs that arise between the firm and local sales agents as the institutions and infrastructure in BOP markets make traditional contractual and monitoring mechanisms difficult and expensive to employ. We present the results of two complementary studies which were both conducted with salespeople in rural Guatemala. The first study employed a quasi-experimental field-study combined with in-depth interviews, while the second study was a laboratory experiment. The results of the studies suggest that identity-based mechanisms can potentially mitigate agency costs through a positive identity spillover effect in multiproduct settings..Printed Journal


Ketersediaan

Call NumberLocationAvailable
AMJ5603PSB lt.dasar - Pascasarjana1
Penerbit: Academy of Management
Edisi-
SubjekInternational management
Emerging Economies
Policy environment
filed experiment
ISBN/ISSN14273
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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