Managerial Discretion And Performance In China

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Managerial Discretion and Performance in China

Author : Hagen Wülferth
Publisher : Springer Science & Business Media
ISBN 13 : 3642358373
Total Pages : 557 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Managerial Discretion and Performance in China by : Hagen Wülferth

Download or read book Managerial Discretion and Performance in China written by Hagen Wülferth and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Manipulation Effect of Managerial Discretion on Managerial Compensation

Author : Changzheng Zhang
Publisher : Nova Science Pub Incorporated
ISBN 13 : 9781608764600
Total Pages : 213 pages
Book Rating : 4.7/5 (646 download)

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Book Synopsis Manipulation Effect of Managerial Discretion on Managerial Compensation by : Changzheng Zhang

Download or read book Manipulation Effect of Managerial Discretion on Managerial Compensation written by Changzheng Zhang and published by Nova Science Pub Incorporated. This book was released on 2010 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, scholars and practitioners have focused on the inverse relationship between managerial payment and corporate performance, which shows how the principle-agent theory cannot adequately explain the decision mechanism of managerial payment. Based on the Managerial Power Approach, the book brings managerial discretion into the investigation on managerial pay. The book makes contributions such as: it constructs measurement index system of managerial discretion based on public reports. The classical ERIC questionnaire measures managerial discretion directly from CEO's by 63 items, while the book divides managerial discretion into resource co-operation power, structure-position power and expertise-reputation power, and then measures them by public report. The two methods have the similar results, and this method has the advantage of being low cost, and easily carried out. It confirms that managerial discretion can manipulate the managerial pay level by the regression analysis of managerial discretion and managerial pay level. It also confirms that the pay level goes beyond the reasonable level too much with the accretion of managerial discretion, which shows that the manipulation effect on pay level does exist. then the book describes the manipulation effect quantitatively. By curve estimation of monitoring intensity effect on manipulation effect, it also gives other relationship curves between them, which shows that the manipulation effect decreases significantly with the accretion of managerial discretion. The book constructs pay performance sensitivity model based managerial discretion. Based on Saltuk Model, the book brings managerial discretion and proves that managerial discretion and pay-performance sensitivity are negatively associated. Then the book confirms that pay performance sensitivity will decrease with an increase of managerial discretion by regressional analysis.

Corporate Performance and Managerial Ties in China

Author : Chris Rowley
Publisher : Routledge
ISBN 13 : 1000505855
Total Pages : 177 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Corporate Performance and Managerial Ties in China by : Chris Rowley

Download or read book Corporate Performance and Managerial Ties in China written by Chris Rowley and published by Routledge. This book was released on 2021-11-29 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many countries, business practitioners, policy makers, pundits and laypeople want to know how strong China really is in business. In the preceding century, the overall tone of business comments on China was filled with fanfare and ovation. However, despite economic performance and seemingly inexorable growth, some global data in areas such as labour productivity and digital competitiveness, show a different and more nuanced picture. This collection provides a multi-level reality check on the Chinese economy, firm performance and managerial ties. Given that China must transform its economy and business that can pull global talent together to produce high-end technologies for radically innovative products and services, this book proposes two questions. First, can China restructure its economy from a low-cost growth model to a high value-added innovative model without incurring major structural inertia? Second, can Chinese firms outperform competitors in global high value markets without relying on state initiatives, central funding mechanisms and public R&D institutions? This book was originally published as a special issue of the journal, Asia Pacific Business Review.

Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector

Author : Hailan Yang
Publisher : Elsevier
ISBN 13 : 1780633297
Total Pages : 231 pages
Book Rating : 4.7/5 (86 download)

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Book Synopsis Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector by : Hailan Yang

Download or read book Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector written by Hailan Yang and published by Elsevier. This book was released on 2011-10-18 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Governing Enterprises in China

Author : Zhang Cheng
Publisher : Springer Nature
ISBN 13 : 9811631166
Total Pages : 175 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Governing Enterprises in China by : Zhang Cheng

Download or read book Governing Enterprises in China written by Zhang Cheng and published by Springer Nature. This book was released on 2021-06-24 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the nature of the marketization of corporate boards following the introduction of the split share reform, corporate board and shareholder relations, corporate performance, and risk-taking conduct in China. The chapters cover topics such as determinants of corporate board size and independence, corporate risk-taking conduct under different controlling shareholder types. The book deepens our understanding of corporate governance mechanisms as most previous studies have limited their findings using mainstream perspectives grounded on neoclassical theory. It outlines that China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of the current concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.

Economics—Advances in Research and Application: 2012 Edition

Author :
Publisher : ScholarlyEditions
ISBN 13 : 1464990735
Total Pages : 1468 pages
Book Rating : 4.4/5 (649 download)

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Book Synopsis Economics—Advances in Research and Application: 2012 Edition by :

Download or read book Economics—Advances in Research and Application: 2012 Edition written by and published by ScholarlyEditions. This book was released on 2012-12-26 with total page 1468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics—Advances in Research and Application: 2012 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Economics. The editors have built Economics—Advances in Research and Application: 2012 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Economics in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Economics—Advances in Research and Application: 2012 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

China's Managerial Revolution

Author : Malcolm Warner
Publisher : Psychology Press
ISBN 13 : 9780714650258
Total Pages : 272 pages
Book Rating : 4.6/5 (52 download)

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Book Synopsis China's Managerial Revolution by : Malcolm Warner

Download or read book China's Managerial Revolution written by Malcolm Warner and published by Psychology Press. This book was released on 1999 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of Chinese management has been high on the PRC government's agenda. Since 1978, while China has been moving from a command economy to a socialist market economy, it has had to turn its economic cadres into managers as part of its "Four Modernizations" and "Open Door" reform policies. The contributors here examine in detail the "managerial revolution" now taking place in China. Special attention is given to ways in which the Dengist market-driven model has been introduced at macro- and then micro-enterprise level; the introduction of the "contract responsibility" system which has increased managers' autonomy in decision making; and the ways in which many of the old state "dinosaur" firms are being in effect "privatized", with enormous inplications for both managers and workers. The analysis centres on reform in the areas of HRM, joint-venture creation, managerial motivation, managing corporate networks and organizational learning.

Corporate Finance

Author : Stefan Cristian Gherghina
Publisher : MDPI
ISBN 13 : 3036505709
Total Pages : 408 pages
Book Rating : 4.0/5 (365 download)

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Book Synopsis Corporate Finance by : Stefan Cristian Gherghina

Download or read book Corporate Finance written by Stefan Cristian Gherghina and published by MDPI. This book was released on 2021-05-18 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises 19 papers published in the Special Issue entitled “Corporate Finance”, focused on capital structure (Kedzior et al., 2020; Ntoung et al., 2020; Vintilă et al., 2019), dividend policy (Dragotă and Delcea, 2019; Pinto and Rastogi, 2019) and open-market share repurchase announcements (Ding et al., 2020), risk management (Chen et al., 2020; Nguyen Thanh, 2019; Štefko et al., 2020), financial reporting (Fossung et al., 2020), corporate brand and innovation (Barros et al., 2020; Błach et al., 2020), and corporate governance (Aluchna and Kuszewski, 2020; Dragotă et al.,2020; Gruszczyński, 2020; Kjærland et al., 2020; Koji et al., 2020; Lukason and Camacho-Miñano, 2020; Rashid Khan et al., 2020). It covers a broad range of companies worldwide (Cameroon, China, Estonia, India, Japan, Norway, Poland, Romania, Slovakia, Spain, United States, Vietnam), as well as various industries (heat supply, high-tech, manufacturing).

The SAGE Handbook of Industrial, Work & Organizational Psychology, 3v

Author : Deniz S Ones
Publisher : SAGE
ISBN 13 : 1473942780
Total Pages : 3173 pages
Book Rating : 4.4/5 (739 download)

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Book Synopsis The SAGE Handbook of Industrial, Work & Organizational Psychology, 3v by : Deniz S Ones

Download or read book The SAGE Handbook of Industrial, Work & Organizational Psychology, 3v written by Deniz S Ones and published by SAGE. This book was released on 2021-08-04 with total page 3173 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this best-selling Handbook presents a fully updated and expanded overview of research, providing the latest perspectives on the analysis of theories, techniques, and methods used by industrial, work, and organizational psychologists. Building on the strengths of the first edition, key additions to this edition include in-depth historical chapter overviews of professional contexts across the globe, along with new chapters on strategic human resource management; corporate social responsibility; diversity, stress, emotions and mindfulness in the workplace; environmental sustainability at work; aging workforces, among many others. Providing a truly global approach and authoritative overview, this three-volume Handbook is an indispensable resource and essential reading for professionals, researchers and students in the field. Volume One: Personnel Psychology and Employee Performance Volume Two: Organizational Psychology Volume Three: Managerial Psychology and Organizational Approaches

Manipulation Effects of Managerial Discretion on Executive Compensation

Author : Changzheng Zhang
Publisher : Nova Science Publishers
ISBN 13 : 9781634840453
Total Pages : 0 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Manipulation Effects of Managerial Discretion on Executive Compensation by : Changzheng Zhang

Download or read book Manipulation Effects of Managerial Discretion on Executive Compensation written by Changzheng Zhang and published by Nova Science Publishers. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text brings managerial discretion into the investigation on managerial pay. The book makes contributions such as: it constructs measurement index system of managerial discretion based on public reports.

Business, Markets and Government in the Asia-Pacific

Author : Yun-Peng Chu
Publisher : Routledge
ISBN 13 : 1134739249
Total Pages : 359 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Business, Markets and Government in the Asia-Pacific by : Yun-Peng Chu

Download or read book Business, Markets and Government in the Asia-Pacific written by Yun-Peng Chu and published by Routledge. This book was released on 2002-09-11 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 23rd book in a long-established series of conference volumes which brings together top academics in the field. Up-to-date study being based on the 1996 Pacific Trade and Development conference Comparison between Asia-Pacific economic growth and that of the West is of primary contemporary concern

Sustainable Entrepreneurship in China

Author : Douglas Cumming
Publisher : Springer
ISBN 13 : 1137412534
Total Pages : 200 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Sustainable Entrepreneurship in China by : Douglas Cumming

Download or read book Sustainable Entrepreneurship in China written by Douglas Cumming and published by Springer. This book was released on 2015-07-15 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Entrepreneurship in China provides empirical evidence and cutting-edge research into topical business ethics issues relating to entrepreneurship, corporate governance, and institutional reforms in China.

Research Handbook on Corporate Governance and Ethics

Author : Till Talaulicar
Publisher : Edward Elgar Publishing
ISBN 13 : 180088060X
Total Pages : 451 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Research Handbook on Corporate Governance and Ethics by : Till Talaulicar

Download or read book Research Handbook on Corporate Governance and Ethics written by Till Talaulicar and published by Edward Elgar Publishing. This book was released on 2023-07-01 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essential Research Handbook provides an in-depth analysis of the link between corporate governance and ethics. By bringing together internationally renowned scholars, it reflects upon pertinent trends and challenges within the field. Significantly, it illuminates the ethical foundations of corporate governance.

China's Domestic Private Firms:

Author : Anne S. Tsui
Publisher : Routledge
ISBN 13 : 1317474953
Total Pages : 353 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis China's Domestic Private Firms: by : Anne S. Tsui

Download or read book China's Domestic Private Firms: written by Anne S. Tsui and published by Routledge. This book was released on 2014-12-18 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now accounts for almost a third of China's GDP and is by far the country's most important source of employment growth. This book is the first in-depth analysis of the management and operation of these domestic private firms, which are defined as companies or organizations created by PRC citizens, including township enterprises and collectives. The book provides a comprehensive and multidisciplinary perspective on the factors important to the successful operation and growth of these firms. It begins with a review of the literature on the topic in three different disciplines - economics, sociology, and management - each followed by several chapters covering recent developments in these areas. Featuring contributions by distinguished scholars and China experts, the work concludes with an insightful chapter on the future of China's public sector in the global economy.

China's Changing Political Landscape

Author : Cheng Li
Publisher : Rowman & Littlefield
ISBN 13 : 0815752083
Total Pages : 362 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis China's Changing Political Landscape by : Cheng Li

Download or read book China's Changing Political Landscape written by Cheng Li and published by Rowman & Littlefield. This book was released on 2009-08-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: While China's economic rise is being watched closely around the world, the country's changing political landscape is intriguing, as well. Forces unleashed by market reforms are profoundly recasting state-society relations. Will the Middle Kingdom transition rapidly, slowly, or not at all to political democracy? In China's Changing Political Landscape, leading experts examine the prospects for democracy in the world's most populous nation. China's political transformation is unlikely to follow a linear path. Possible scenarios include development of democracy as we understand it; democracy with more clearly Chinese characteristics; mounting regime instability due to political and socioeconomic crises; and a modified authoritarianism, perhaps modeled on other Asian examples such as Singapore. Which road China ultimately takes will depend on the interplay of socioeconomic forces, institutional developments, leadership succession, and demographic trends. Cheng Li and his colleagues break down a number of issues in Chinese domestic politics, including changing leadership dynamics; the rise of business elites; increased demand for the rule of law; and shifting civil-military relations. Although the contributors clash on many issues, they do agree on one thing: the political trajectory of this economic powerhouse will have profound implications, not only for 1.3 billion Chinese people, but also for the world as a whole.

The Chinese Economy, second edition

Author : Barry J. Naughton
Publisher : MIT Press
ISBN 13 : 0262534797
Total Pages : 609 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Chinese Economy, second edition by : Barry J. Naughton

Download or read book The Chinese Economy, second edition written by Barry J. Naughton and published by MIT Press. This book was released on 2018-03-16 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of a comprehensive overview of the modern Chinese economy, revised to reflect the end of the “miracle growth” period. This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both a broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research. This second edition has been thoroughly revised to reflect a decade of developments in China's economy, notably the end of the period of “miracle growth” and the multiple transitions it now confronts—demographic, technological, macroeconomic, and institutional. Coverage of macroeconomic and financial policy has been significantly expanded. After covering endowments, legacies, economic systems, and general issues of economic structure, labor, and living standards, the book examines specific economic sectors, including agriculture, industry, technology, and foreign trade and investment. It then treats financial, macroeconomic, and environmental issues. The book covers such topics as patterns of growth and development, including population growth and the one-child family policy; the rural and urban economies, including rural industrialization and urban technological development; incoming and outgoing foreign investment; and environmental quality and the sustainability of growth. The book will be an essential resource for students, teachers, scholars, business practitioners, and policymakers. It is suitable for classroom use for undergraduate or graduate courses.

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

Author : Das, Ramesh Chandra
Publisher : IGI Global
ISBN 13 : 1466682752
Total Pages : 557 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance by : Das, Ramesh Chandra

Download or read book Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance written by Das, Ramesh Chandra and published by IGI Global. This book was released on 2015-04-30 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.