Differences in managerial discretion across countries: how nation‐level institutions affect the degree to which ceos matter
Abstract
The concept of managerial discretion provides a theoretical fulcrum for resolving the debate about whether chief executive officers (CEOs) have much influence over company outcomes. In this paper, we operationalize and further develop the construct of managerial discretion at the national level. In an empirical examination of 15 countries, we find that certain informal and formal national institutions—individualism, tolerance of uncertainty,...
Paper Details
Title
Differences in managerial discretion across countries: how nation‐level institutions affect the degree to which ceos matter
Published Date
Feb 17, 2011
Journal
Volume
32
Issue
8
Pages
797 - 819
Citation AnalysisPro
You’ll need to upgrade your plan to Pro
Looking to understand the true influence of a researcher’s work across journals & affiliations?
- Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
- Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.
Notes
History