Indirect industry and subindustry-level managerial discretion measurement
Hambrick and Finkelstein's managerial discretion model has received limited research attention, partly because managerial discretion is difficult to operationalize. Abrahamson and Hambrick measured attentional homogeneity, 'the degree of similarity of foci of attention of managers in an industry', and demonstrated that it is strongly and negatively correlated with industry-level discretion (ILD). The authors measure attentional homogeneity more accurately and elegantly and show that attentional heterogeneity, the negative of attentional homogeneity, is a viable operationalization of ILD. They extend the technique and measure average levels of managerial discretion for subindustry groups and, using debt discipline as their example, demonstrate the contextual effects of ILD and show that discretion determinants can have nonlinear interactions.
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|Item Type:||Journal Article|
|Additional Information:||For more information, please refer to the journal's website (see hypertext link) or contact the author.|
|Keywords:||Industry, level Discretion, Attentional Heterogeneity, Lexical Measures, Positively Adjusted Accounts, Debt Discipline, Discretionary Accounts Adjustments, Exploratory Factor Analysis Confidence Intervals|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)|
|Divisions:||Current > Research Centres > Australian Centre for Business Research|
Current > QUT Faculties and Divisions > QUT Business School
Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Current > Schools > School of Management
|Copyright Owner:||Copyright 2008 SAGE Publications|
|Deposited On:||15 Oct 2008|
|Last Modified:||29 Feb 2012 23:43|
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