Wülferth, Hagen.
Managerial Discretion and Performance in China Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals / [electronic resource] : by Hagen Wülferth. - XXIII, 534 p. 43 illus. online resource. - Contributions to Management Science, 1431-1941 . - Contributions to Management Science, .
Introduction -- Literature Review and Hypotheses -- Unit of Analysis -- Model Specification -- Validity and Reliability of Empirical Discretion Model -- Empirical Results of Model -- Conclusion.
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.
9783642358371
10.1007/978-3-642-35837-1 doi
Economics.
Business planning.
Economics/Management Science.
Business Strategy/Leadership.
Emerging Markets/Globalization.
Organization/Planning.
Human Resource Management.
HD28-70
658.4092
Managerial Discretion and Performance in China Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals / [electronic resource] : by Hagen Wülferth. - XXIII, 534 p. 43 illus. online resource. - Contributions to Management Science, 1431-1941 . - Contributions to Management Science, .
Introduction -- Literature Review and Hypotheses -- Unit of Analysis -- Model Specification -- Validity and Reliability of Empirical Discretion Model -- Empirical Results of Model -- Conclusion.
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.
9783642358371
10.1007/978-3-642-35837-1 doi
Economics.
Business planning.
Economics/Management Science.
Business Strategy/Leadership.
Emerging Markets/Globalization.
Organization/Planning.
Human Resource Management.
HD28-70
658.4092