Abstract:
Studies on the implications of managerial discretion have mainly focused on the firm, executive or industry level attributes. Little work has tackled the national-level aspect of this construct and its potential implication on firm strategies. We seek to theoretically establish an association between the construct of managerial discretion and firm strategic orientation from a ational-level. Our theoretical analysis strongly suggests that the degree of managerial discretion available to executives in each country could have a strong influence on companies’ competitive strategy.
We contribute to the strategic management field and the discretion literature by uncovering new national-level
implications.
Citation:
Haj Youssef, M., & Christodoulou, I. (2017). Assessing miles and snow typology through the lens of managerial discretion: how national-level discretion impact firms strategic orientation. Management and Organizational Studies, 4(1), 67-73.