Managerial discretion and performance in China : towards resolving the discretion puzzle for Chinese companies and multinationals

Author(s)
    • Wülferth, Hagen
Bibliographic Information

Managerial discretion and performance in China : towards resolving the discretion puzzle for Chinese companies and multinationals

Hagen Wülferth

(Contributions to management science)

Physica, c2013

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Note

Originally presented as the author's thesis (doctoral) -- Universität Duisburg-Essen, 2012

Description and Table of Contents

Description

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.

Table of Contents

Introduction.- Literature Review and Hypotheses.- Unit of Analysis.- Model Specification.- Validity and Reliability of Empirical Discretion Model.- Empirical Results of Model.- Conclusion.

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Details
  • NCID
    BB15255017
  • ISBN
    • 9783642358364
  • LCCN
    2013934095
  • Country Code
    gw
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Heidelberg
  • Pages/Volumes
    xxiii, 534 p.
  • Size
    25 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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