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An integrative view on managerial discretion: A study of a Russian firm in transition

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  • Ponomareva, Yuliya
  • Umans, Timurs
Abstract
What are the forces that influence strategic managerial decisions in the context of economic transition? In this paper, we analyse how strategic and governance forces influence the degree of discretion perceived by managers operating in the context of the transition economy of Russia. An exploratory case study provides insights about the managerial decision-making process in a transition economy through the exploration of context-specific factors that shape the perceived degree of managerial discretion. The findings of the paper redefine the concept, indicating the existence of a relationship between strategic and governance forces and their joint influence on managerial discretion. Our results provide a number of practical and theoretical implications for the managerial decision-making process in Eastern Europe.

Suggested Citation

  • Ponomareva, Yuliya & Umans, Timurs, 2015. "An integrative view on managerial discretion: A study of a Russian firm in transition," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 20(1), pages 36-67.
    • Handle: RePEc:rai:joeems:jeems-2015-01-ponomareva
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    File URL: http://www.hampp-verlag.de/hampp_e-journals_JEMS.htm#115
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    Cited by:

    1. Yuliya Ponomareva, 2019. "Balancing control and delegation: the moderating influence of managerial discretion on performance effects of board monitoring and CEO human capital," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(1), pages 195-225, March.

    More about this item

    Keywords

    managerial discretion; strategic management; corporate governance; transition economies; case study; Russia;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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