Agency and Incentives in International Development Partnerships

Faith & Economics, Nos. 47/48, pp. 1-24, Spring/Fall 2006

34 Pages Posted: 1 Apr 2008 Last revised: 24 Jun 2009

See all articles by Jeremy P. Thornton

Jeremy P. Thornton

Samford University - Brock School of Business

Philip Thornton

Asbury College

Abstract

This paper examines the issue of international development partnerships among NGOs in the context of a principle-agent framework. Specifically, we characterize the ability of shared religious values in development partnerships to mitigate agency problems. These advantages are weighed against practitioner reluctance to engage religious organizations in the development process or to fully utilize economic incentives. The paper is supported by survey responses from Christian ministry organizations involved in international partnerships.

Keywords: agency, international development, religion

JEL Classification: O1, D8, D2

Suggested Citation

Thornton, Jeremy P. and Thornton, Philip, Agency and Incentives in International Development Partnerships. Faith & Economics, Nos. 47/48, pp. 1-24, Spring/Fall 2006. Available at SSRN: https://ssrn.com/abstract=1114804

Jeremy P. Thornton (Contact Author)

Samford University - Brock School of Business ( email )

800 Lakeshore Drive
Birmingham, AL 35229
United States
2057262128 (Phone)

HOME PAGE: http://https://www.samford.edu/business/directory/Thornton-Jeremy

Philip Thornton

Asbury College ( email )

1 Macklem Dr.
Wilmore, KY 40390
United States

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