Managerial Discretion and Performance in China
Wülferth, Hagen
Produktnummer:
188b2676f9c1b246a7937e44b3a7831c5d
| Autor: | Wülferth, Hagen |
|---|---|
| Themengebiete: | China Managerial Discretion Partial Least Squares Path Modelling (PLS) Principal-Agent Theory Stewardship Theory |
| Veröffentlichungsdatum: | 01.05.2013 |
| EAN: | 9783642358364 |
| Sprache: | Englisch |
| Seitenzahl: | 534 |
| Produktart: | Gebunden |
| Verlag: | Springer Berlin |
| Untertitel: | Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals |
Produktinformationen "Managerial Discretion and Performance in China"
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 organizational 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.
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