Delayering and the flattening of organizational hierarchies was a widespread trend through the 1990s. Peters (1992) in the USA promoted flattening as an organizational strategy and Keuning and Opheij (1994) promoted the prescriptions in Europe. Despite these strategies and apparent structural changes, the number and ratio of managers appears to have grown. This paradox of managerial downsizing ...

In this work, we build on a previous real options approach that utilizes managerial cash-flow estimates to value early stage project investments, but accounting for managerial risk aversion. We introduce a market sector indicator, which is assumed to be correlated to a tradeable market index, which, through a mapping function, drives and replicates the cash-flow estimates. The mapping allows us...

The use of competency systems to evaluate, reward, and promote managers has become commonplace in large organizations in recent years. Yet despite their popularity, there is scant evidence that competency systems increase managerial effectiveness and improve organizational performance. We first analyze the individual-level determinants of progression within a competency system and the links of ...

Performance Data envelopment analysis Managerial efficiency Profitability efficiency A two-stage approach in data envelopment analysis (2S-DEA) methodology is used towards decomposing a typical two-stage operation process of general insurance companies, which is conducted in a single operation involving intermediate. Specifically, we evaluate the managerial efficiency and profitability efficien...

In this study, on the basis of G. Hofstede and G. England’s research on organizational and managerial values, it is aimed to determine which problems arise from organizational and managerial values in the organization. Research data needed to achieve the objective come from 166 administrators with academic and administrative authority at faculties, colleges and vocational schools of a public un...

Decision making is one of the important activities of the managerial problems. Scientific methodology for quantitative techniques is an essential tool in the contemporary decision making protocols. In this paper an attempt is made to develop a stochastic model on manager’s performance appraisal. Managerial choice among the available options for decision making is formulated to obtain the stocha...

Managerial Hedging and Equity Ownership Risk-averse managers can hedge the aggregate component of their exposure to firm’s cash flow risk by trading in financial markets, but cannot hedge their firm-specific exposure. This gives them incentives to pass up firm-specific projects in favor of standard projects that contain greater aggregate risk. Such risk substitution gives rise to excessive aggr...

W business and management science students graduate and have a job, they give many managerial communications about analytical work, but typically they are not taught how to give presentations in their undergraduate courses. We describe the characteristics of the “managerial presentation” and contrast them with characteristics of the “narrative presentation” that is given to technical peers and ...

Recent research has found drastic differences across gender in how performance and preferences are affected by competition. In light of these, this study addresses how gender affects the use of competitive compensation. When given information about worker ability, male managers, but not female managers, are reluctant to choose the tournament for a female worker. The data also show that even tho...