1.

Record Nr.

UNINA9910438252803321

Autore

Wülferth Hagen

Titolo

Managerial Discretion and Performance in China : Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals / / by Hagen Wülferth

Pubbl/distr/stampa

Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Physica, , 2013

ISBN

3-642-35837-3

Edizione

[1st ed. 2013.]

Descrizione fisica

1 online resource (556 p.)

Collana

Contributions to Management Science, , 1431-1941

Disciplina

331.2

331.21

Soggetti

Leadership

Globalization

Markets

Organization

Planning

Personnel management

Business Strategy/Leadership

Emerging Markets/Globalization

Human Resource Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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

Sommario/riassunto

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.