Managerial Discretion and Performance in China / Contributions to Management Science (PDF)
¿The theoretical and empirical literature to date has fallen short of reaching a consensus as to whether granting more managerial discretion to managers tends to enhance, not alter or diminish organisational performance (the discretion puzzle)....
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¿The theoretical and empirical literature to date has fallen short of reaching a consensus as to whether granting more managerial discretion to managers tends to enhance, not alter or diminish organisational performance (the discretion puzzle). This book aims to build a bridge between these contradictory results by synthesising principal-agent theory, stewardship theory, and managerial discretion theory into a new empirically-validated model. Using a representative sample of 'double-blind' interviews with managers of 467 firms in China and applying partial least squares path modelling (PLS), the study identifies a potential cause of the discretion puzzle: the failure of the extant literature to account for granularity in the way that managers use their discretion. This generates far-reaching implications for theoretical and empirical research as well as practical recommendations for managing managers in multinationals and Chinese companies.
- Autor: Hagen Wülferth
- 2013, 2013, 534 Seiten, Englisch
- Verlag: Springer-Verlag GmbH
- ISBN-10: 3642358373
- ISBN-13: 9783642358371
- Erscheinungsdatum: 17.04.2013
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- Dateiformat: PDF
- Größe: 11 MB
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