The ability to plan and carry out goal-directed behavior presupposes knowledge about the contingencies between movements and their effects. Ideomotor accounts of action control assume that agents integrate action-effect contingencies by creating action-effect bindings, which associate movement patterns with their sensory consequences. However, the neurophysiological underpinnings of action-effect binding are not yet well understood. Given that theta band activity has been linked to information integration, we thus studied action-effect integration in an electrophysiological study with N = 31 healthy individuals with a strong focus on theta band activity. We examined how information between functional neuroanatomical structures is exchanged to enable action planning. We show that theta band activity in a network encompassing the insular cortex (IC), the anterior temporal lobe (ATL), and the inferior frontal cortex (IFC) supports the establishment of action-effect bindings. All regions revealed bi-directional effective connectivities, indicating information transfer between these regions. The IC and ATL create a loop for information integration and the conceptual abstraction of it. The involvement of anterior regions of the IFC, particularly during the acquisition phase of the action-effect, likely reflects episodic control mechanisms in which a past event defines a “template” of what action-effect is to be expected. Taken together, the current findings connect well with major cognitive concepts. Our study suggests a functional relevance of theta band activity in an IC-ATL-IFC network, which in turn implies that basic ideomotor action-effect integration is implemented through theta band activity and effective connectivities between temporo-frontal structures.