Managerial Discretion and Performance in China Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals /
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 contradic...
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| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg : Imprint: Physica,
2013.
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| Edition: | 1st ed. 2013. |
| Series: | Contributions to Management Science,
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| Subjects: | |
| Online Access: | https://doi.org/10.1007/978-3-642-35837-1 |
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| 245 | 1 | 0 | |a Managerial Discretion and Performance in China |h [electronic resource] : |b Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals / |c by Hagen Wülferth. |
| 250 | |a 1st ed. 2013. | ||
| 264 | 1 | |a Berlin, Heidelberg : |b Springer Berlin Heidelberg : |b Imprint: Physica, |c 2013. | |
| 300 | |a XXIII, 534 p. |b online resource. | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 490 | 1 | |a Contributions to Management Science, |x 1431-1941 | |
| 505 | 0 | |a Introduction -- Literature Review and Hypotheses -- Unit of Analysis -- Model Specification -- Validity and Reliability of Empirical Discretion Model -- Empirical Results of Model -- Conclusion. | |
| 520 | |a 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. | ||
| 650 | 0 | |a Leadership. | |
| 650 | 0 | |a Globalization. | |
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