He contends that by 1970, the field had produced six major theories 8: contingency theory, transaction cost economics, agency theory, resource dependence, population ecology and new institutional theory. The editor of Administrative Science Quarterly then, Gerald Davis, has in several recent papers has given a devastating critique of the current status of organizational and management theory. In the following, the major organizational theories, a prominent focus area in the field, are addressed. The social science-oriented management research covers a wide domain. The behavioural stem had started to gather especially around Administrative Science Quarterly, established in 1956, and Journal of the Academy of Management, 7 created in 1958.
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