By Hagen Wülferth
The theoretical and empirical literature thus far has fallen in need of achieving a consensus to whether granting extra managerial discretion to managers has a tendency to reinforce, now not adjust or reduce organizational functionality (the discretion puzzle). This publication goals to construct a bridge among those contradictory effects via synthesising principal-agent concept, stewardship thought, and managerial discretion idea right into a new empirically-validated version. utilizing a consultant pattern of 'double-blind' interviews with managers of 467 corporations in China and making use of partial least squares direction modelling (PLS), the research identifies a possible reason for the discretion puzzle: the failure of the extant literature to account for granularity within the method that managers use their discretion. This generates far-reaching implications for theoretical and empirical learn in addition to functional innovations for dealing with managers in multinationals and chinese language businesses.
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Extra resources for Managerial Discretion and Performance in China: Towards Resolving the Discretion Puzzle for Chinese Companies and Multinationals
73–75; Krafft et al. 2003, p. 102; Lohmo¨ller 1989, p. 36; Mosier 1947; Nunnally 1978, p. 111; Ping 2005, p. 1; Qureshi and Compeau 2009, pp. 197–199; Reinartz et al. 2004, p. 298; Rigdon et al. 1998, p. 1; Ringle et al. 2005; Rodgers and Pavlou 2003, p. 25; Rossiter 2002, p. 315; Ruiz et al. 2010, pp. 546–548; Sambamurthy and Chin 1994, pp. 231–232; Sa´nchez 2009, p. 3; Schepers et al. 2005, p. 504; Seltin and Keeves 1994, p. 4356; Stone 1974; Tenenhaus et al. 2005, pp. 163–174; van Oppen et al.
Acemoglu et al. 2007; Caza 2007; Chang and Wong 2003; Cheng et al. 2006; Colombo and Delmastro 2004; Glaister et al. 2003; Marin and Verdier 2006). g. the CEO in Fig. 1) adjust the degree of discretion granted to their plant managers in China. Chapter 4 (Model Specification) builds on the literature reviewed in Chap. e. the theoretical discretion model). g. Agarwal et al. 2009; Barnabas and Mekoth 2010; Bloom et al. 2008; Bowen et al. 2008; Caza 2011, 2007; Chang and Wong 2003; Cheng et al. 2006; Davis et al.
298; Rigdon et al. 1998, p. 1; Ringle et al. 2005; Rodgers and Pavlou 2003, p. 25; Rossiter 2002, p. 315; Ruiz et al. 2010, pp. 546–548; Sambamurthy and Chin 1994, pp. 231–232; Sa´nchez 2009, p. 3; Schepers et al. 2005, p. 504; Seltin and Keeves 1994, p. 4356; Stone 1974; Tenenhaus et al. 2005, pp. 163–174; van Oppen et al. 2005, p. 19; Venkatesh and Morris 2000, p. 126; Venkatraman 1989, p. 426; Wold 1982, p. 10; Zhu et al. 2006, pp. 529–530), see Sect. g. Abraham et al. 2007, pp. 10–21; Albors et al.