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theory organization authority business management governance performance problem journal responsibility study effect ethic relationship ownership university press contract reason institution understanding research market review action heugen virtue business ethics society stakeholder agency board question condition van oosterhout result example model actor owner interest concept contracting value oosterhout perspective manager firm performance contractualist structure right practice issue cambridge university press order power shareholder control expectation analysis party oxford oxford university press strategy cambridge level context management journal economic country asian notion paper mechanism table effect sizes executive sense community system