The Relationship between Managerial Discretion and Firm Performance in High-tech Firms ——Empirical Study Compared with Traditional Firms

DOI

10.2991/msie-13.2013.173How to use a DOI?

Keywords

managerial discretion, high-tech firms, firm performance

Abstract

This paper explores the relationship between managerial discretion and firm performance in Chinese listed firms. Empirical results indicate that the relationship between managerial discretion and firm performance differs across firms belonging high-tech sector and traditional industry. Managerial discretion is negatively related to firm performance in traditional companies. By contrast, in high-tech firms, with large share of knowledge related activities, higher managerial discretion is associated with better firm performance.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yanchao Feng
PY  - 2013/11
DA  - 2013/11
TI  - The Relationship between Managerial Discretion and Firm Performance in High-tech Firms ——Empirical Study Compared with Traditional Firms
BT  - Proceedings of the 2nd International Conference on Management Science and Industrial Engineering
PB  - Atlantis Press
SP  - 768
EP  - 772
SN  - 1951-6851
UR  - https://doi.org/10.2991/msie-13.2013.173
DO  - 10.2991/msie-13.2013.173
ID  - Feng2013/11
ER  -