Abstract:
This paper’s main objective is to give an in-depth view of strategic management theory, emerging issues in
strategic management and show the link between the Agency and the organizations’ competitive advantage.
A review of the relevant available literature will be carried out and the linkage among the three basic concepts of
strategic management theory, emerging issues and Agency theory will be identified. An explication of Agency
theory will be done in order to unravel its main contribution to the organization’s competitive advantage which
leads to the optimum performance of an organization.
