Proceedings of the 2015 International Conference on Management Science and Management Innovation

An Exploratory Study on the Link between Managerial Discretion and Managerial Power

Authors
Chang-Zheng Zhang, Xin Mu, Xin Zhao
Corresponding Author
Chang-Zheng Zhang
Available Online August 2015.
DOI
https://doi.org/10.2991/msmi-15.2015.71How to use a DOI?
Keywords
Managerial discretion, Managerial power, Exploratory study, Managerial compensation.
Abstract
In order to clarify the definitions of managerial discretion and managerial power, two concepts that are often confused by extant literature since they are highly correlated and even overlapped with each other, and to further move the research progress forward in the two fields, the paper investigates the distinctions and connections systematically between the two by adopting the method of literature review and logic reasoning. Five main contributions are made by this paper. First, managerial discretion is wider and richer than managerial power in concept definition. Second, managerial discretion is less proactive than managerial power in running mechanism. Third, managerial discretion is mainly rooted in economic science, while managerial power is mainly rooted in management science. Fourth, managerial discretion is needed and used in dealing with strategic and innovative issues, while managerial power is usually linked to daily and repetitive issues. The last but not the least, there is an unbalanced interactive mechanism between managerial discretion and managerial power.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
2015 International Conference on Management Science and Management Innovation (MSMI 2015)
Part of series
Advances in Economics, Business and Management Research
Publication Date
August 2015
ISBN
978-94-62520-90-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/msmi-15.2015.71How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Chang-Zheng Zhang
AU  - Xin Mu
AU  - Xin Zhao
PY  - 2015/08
DA  - 2015/08
TI  - An Exploratory Study on the Link between Managerial Discretion and Managerial Power
BT  - 2015 International Conference on Management Science and Management Innovation (MSMI 2015)
PB  - Atlantis Press
SP  - 386
EP  - 391
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-15.2015.71
DO  - https://doi.org/10.2991/msmi-15.2015.71
ID  - Zhang2015/08
ER  -