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Managerial Discretion and Performance in China
The final chapter synthesises the study’s empirical results on the impact of managerial discretion on performance to generate far-reaching implications for research and practice that work towards resolving the discretion puzzle. There are five major contributions: (1) a proof of the importance of granularity for resolving the discretion puzzle; (2) a new empirically-validated discretion model (as a tool kit for future applications) that accounts for granularity; (3) for empirical research, an appraisal of existing research designs and recommendations for future research designs that can help avoid the discretion puzzle’s arbitrary results; (4) for theoretical research, evidence on the applicability of principal-agent theory and stewardship theory, and recommendations for future theory development; and (5) for practice, actionable advice to the top management of Chinese firms and multinationals on how to manage managers in China. This chapter concludes with a discussion of the present study's limitations and accordingly suggests new avenues of research.
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- Titel
- Conclusion
- DOI
- https://doi.org/10.1007/978-3-642-35837-1_7
- Autor:
-
Dr. Hagen Wülferth
- Verlag
- Springer Berlin Heidelberg
- Sequenznummer
- 7
- Kapitelnummer
- 7