CEO WILLINGNESS TO DELEGATE TO THE TOP MANAGEMENT TEAM: THE INFLUENCE OF ORGANIZATIONAL PERFORMANCE
The International Journal of Organizational Analysis
ISSN: 1055-3185
Article publication date: 1 February 2002
Abstract
Despite its strategic importance, researchers have given little attention to when CEOs are willing to delegate decisions to top management team members. Prior studies and conventional wisdom suggest that CEOs will be more willing to delegate in times of good performance. Drawing from prospect theory, we suggest an alternative view: that CEOs will be risk‐averse and, therefore, less willing to delegate when their firms have performed well. Our findings provide support for both perspectives.
Citation
Richardson, H.A., mason, A.C.A., Buchholtz, A.K. and Gerard, J.G. (2002), "CEO WILLINGNESS TO DELEGATE TO THE TOP MANAGEMENT TEAM: THE INFLUENCE OF ORGANIZATIONAL PERFORMANCE", The International Journal of Organizational Analysis, Vol. 10 No. 2, pp. 134-155. https://doi.org/10.1108/eb028947
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited