Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Grušovnik Damjan (), Kavkler Alenka () and Uršič Duško ()
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Grušovnik Damjan: Mariborska cesta 65, Ptuj, Slovenia
Kavkler Alenka: University of Maribor, Faculty of Economics and Business, Slovenia
Uršič Duško: University of Maribor, Faculty of Economics and Business, Slovenia

Naše gospodarstvo/Our economy, 2017, vol. 63, issue 4, 66-75

Abstract: This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.

Keywords: quality of the decision-making process; rationality; motivation; participation; exhaustivity of the information; managers effort; creativity and innovativeness; company stakeholders; company performance (search for similar items in EconPapers)
JEL-codes: M12 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ngooec:v:63:y:2017:i:4:p:66-75:n:6

DOI: 10.1515/ngoe-2017-0024

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