Description: Managerial Discretion and Performance in China by Hagen WÜlferth 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). FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher 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. Back Cover 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. Author Biography Dr. Hagen WÜlferth is a management consultant with McKinsey & Company in China. Fluent in Mandarin Chinese, his main expertise and research interests are strategic management and key success factors of multinationals and Chinese companies. Dr. WÜlferth studied economics and management on a scholarship from the University of Oxford, where he won numerous awards and prizes. 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. Feature New approach to resolving the discretion puzzle - the contradictory impacts of managerial discretion on performance - by integrating principal-agent theory, stewardship theory, and managerial discretion theory Actionable advice for multinationals and Chinese firms on how to manage their managers Based on interviews with managers of 467 firms in China End-to-end tutorial on applying partial least squares path modelling (PLS) to predicting managerial behaviour under differing influences Details ISBN3642426808 Short Title MANAGERIAL DISCRETION & PERFOR Language English ISBN-10 3642426808 ISBN-13 9783642426803 Media Book Format Paperback Pages 534 Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K Subtitle Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals Place of Publication Berlin Country of Publication Germany Year 2015 Publication Date 2015-05-21 Edition 2013th UK Release Date 2015-05-21 Author Hagen WÜlferth Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Edition Description 2013 ed. Series Contributions to Management Science Alternative 9783642358364 DEWEY 658.30951 Audience Professional & Vocational Illustrations XXIII, 534 p. We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96300751;
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ISBN-13: 9783642426803
Book Title: Managerial Discretion and Performance in China
Subject Area: Organizational Sociology
Item Height: 235 mm
Item Width: 155 mm
Author: Hagen Wulferth
Publication Name: Managerial Discretion and Performance in China: Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals
Format: Paperback
Language: English
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Subject: Management, Marketing, Business
Publication Year: 2015
Type: Textbook
Item Weight: 8365 g
Number of Pages: 534 Pages
