Managerial Discretion and Performance in China

Managerial Discretion and Performance in China PDF Author: Hagen Wülferth
Publisher: Springer Science & Business Media
ISBN: 3642358373
Category : Business & Economics
Languages : en
Pages : 557

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Book 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.

Managerial Discretion and Performance in China

Managerial Discretion and Performance in China PDF Author: Hagen Wülferth
Publisher: Springer Science & Business Media
ISBN: 3642358373
Category : Business & Economics
Languages : en
Pages : 557

Get Book Here

Book 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.

Comparative Research on Earnings Management, Corporate Governance, and Economic Value

Comparative Research on Earnings Management, Corporate Governance, and Economic Value PDF Author: Vieira, Elisabete S.
Publisher: IGI Global
ISBN: 1799875989
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
New trends are emerging regarding earnings management and corporate governance showing similarities and striking differences in the practices of different countries and economies. These new trends currently shape the field of modern corporate governance with crucial issues being looked at in governance law and practices, accounting systems, earnings quality and management, stakeholder involvement, and more. In order to advance these new avenues in corporate governance, research looks at accounting policies firms use in different opportunistic circumstances in order to manage earnings, the corporate governance practices in different countries, firm performance, and other dimensions of companies. The understanding of these topics is beneficial in understanding the current state of different types of firms and their practices in modern times. Comparative Research on Earnings Management, Corporate Governance, and Economic Value is focused on the investigation of key challenges and perspectives of corporate governance and earnings management and outlines possible scenarios of its development. The chapters explore this new avenue of research and cover theoretical, empirical, and experimental studies related to different themes in the global context of earnings management and corporate governance. This book is ideal for economists, businesses, managers, accountants, practitioners, stakeholders, researchers, academicians, and students who are interested in the current issues and advancements in corporate governance and earnings management.

The Entrepreneurship SIG at the European Academy of Management

The Entrepreneurship SIG at the European Academy of Management PDF Author: Lucrezia Songini
Publisher: IAP
ISBN:
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
This third volume of the book series The Entrepreneurship SIG at European Academy of Management brings together contributions on aspects characterizing the field of entrepreneurship, such as entrepreneurial behavior and mindsets and business models, but addressed in light of some of the dynamics of change that characterize the current context, such as digitalization. Moreover, the book also discusses emerging issues in academic debate, including in the wake of the recent COVID 19 pandemic, such as resilience, and relevant business contexts, such as that of family businesses. The book valorizes different contexts and key strengths of the European perspective.

Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector

Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector PDF Author: Hailan Yang
Publisher: Elsevier
ISBN: 1780633297
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
This book analyses how China's firms in the consumer electronics (CE) sector have developed their business strategy and corporate governance during the reform process. The CE sector is one of China's most important and dynamic manufacturing sectors. As one of the earliest market-oriented sectors after 1978, its experience illustrates the adoption of the Western model of management in China. This is the first book to analyse the link between business strategy, corporate governance and performance of firms, explicitly comparing state-, collective-, and privately-owned firms. This book argues that the competitive dynamics of the market are central to the survival of firms in contemporary China. - Focuses on the state, collective and private Chinese firms in the consumer electronics sector - Provides insights into the interactions among political, economic and corporate factors in the China business environment that influence the strategies and performance of these firms - Compares the corporate governance of these Chinese firms across different ownership forms

Forum of Chinese Young Economists

Forum of Chinese Young Economists PDF Author: Chinese Young Economists, Inc
Publisher:
ISBN:
Category : China
Languages : en
Pages : 130

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Book Description


Strategic Management: Competitiveness and Globalisation

Strategic Management: Competitiveness and Globalisation PDF Author: Dallas Hanson
Publisher: Cengage AU
ISBN: 0170373150
Category : Business & Economics
Languages : en
Pages : 608

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Book Description
With an emphasis on global advantage, the text offers a comprehensive examination of regional and international issues to provide a complete, accurate and up-to-date explanation of the strategic management process. New coverage on environmental concerns and emerging technologies as well as examples and cases from Australia, New Zealand and Asia-Pacific serve to engage students while updated international content demonstrates how strategic management is used in the global economy. The text takes a 'resource-based' approach, which requires the examining of a firm's unique bundling of its internal resources. This text is appropriate for upper-level undergrad, usually third year; post grad in Masters courses.

China's Economic Powerhouse

China's Economic Powerhouse PDF Author: T. Bui
Publisher: Springer
ISBN: 0230508669
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
The Guangdong province is the forerunner of China's economic reform, it has developed rapidly in the last twenty years since opening up its economy to the outside world. This book covers the evolution of economic reform in Guangdong, its links to Hong Kong and other parts of China, and developmental strategies in different parts of Guangdong. The book analyses the many factors that have contributed to economic reform and covers topics such as development of land, human resources, the agricultural sector and industrialisation, and reforms of state-owned enterprises and township and village enterprises. Consisting of eleven essays written by government officials and executives from the Guangdong province of China, this book offers a unique insight into the economic development in Guangdong.

Business, Markets and Government in the Asia-Pacific

Business, Markets and Government in the Asia-Pacific PDF Author: Yun-Peng Chu
Publisher: Routledge
ISBN: 1134739230
Category : Social Science
Languages : en
Pages : 362

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Book Description
Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground. With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

Performance Budgeting Reform

Performance Budgeting Reform PDF Author: Alfred Ho
Publisher: Routledge
ISBN: 1351055283
Category : Political Science
Languages : en
Pages : 391

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Book Description
Using theoretical frameworks to explore the political, organizational, and cultural dynamics of performance budgeting, this book examines the adoption of performance budgeting in a variety of countries, how it has been implemented, and why it succeeded or failed. Chapters include case studies from a wide range of continents and regions including the U.S., Africa, Asia, Australia, Europe, Latin America, and the Middle East. Each case study pays careful attention to the unique historical, political, and cultural contexts of reform and closely examines how performance informed the budgetary process. Chapters investigate theory-driven analysis, focusing on common themes related to international policy diffusion, organizational change, stakeholder politics and gaming, communication and information management, principal–agent dynamics, and institutional constraints. Contributors include both scholars and seasoned practitioners with extensive experience in implementing or advising performance budgeting reforms. With emphases on both theories and practices, this book is written for graduate courses in public budgeting and comparative public administration, providing theoretical insights into budgeting reforms in developing countries, as well as practice-relevant and actionable recommendations for current and future policymakers and budget reformers.

Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance

Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance PDF Author: Das, Ramesh Chandra
Publisher: IGI Global
ISBN: 1466682752
Category : Business & Economics
Languages : en
Pages : 557

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Book Description
The global economic crises of recent years have offered some sobering lessons, compelling economists, political scientists, and policymakers to reconsider traditional theories regarding the cultivation of developing nations. The Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance seeks to empirically explore the relationship between a number of variables, including consumer confidence, private-sector performance, and governmental regulation. Targeting academics, social scientists, financial professionals, and lawmakers, this book seeks to categorize and analyze developing economies in a post-crisis global financial landscape in order to help shape desperately-needed policies capable of safeguarding against potential catastrophe.