Interests behind managers' decisions: why and when do managers decide for managerial or alternative concepts?
Thomas Diefenbach
International Journal of Management and Decision Making, 2013, vol. 12, issue 4, 413-432
Abstract:
Managers' decisions and decision-making still represent some fundamental puzzles. Often, managers decide for the same prevailing 'managerial' concepts - but sometimes they decide for fundamentally different, 'non-managerial' ones. The question is why and when exactly managers choose one or the other. The paper identifies and analyses some key explanatory variables behind managers' decision-making. It is assumed that, amongst other things, managers' interests play a crucial role. In order to interrogate this in more detail, a model of interest-based decision-making has been developed and used to identify key factors at the macro level (organisational environment), meso level (intra-organisational context), micro level (groups of managers), and individual level (individual managers). The analysis leads to the creation of a C-shaped model that states when managers opt for managerial or non-managerial concepts.
Keywords: interest-based decision making; managerial interests; management decisions; managers; modelling. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmdma:v:12:y:2013:i:4:p:413-432
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