CEO Willingness to Delegate to the Top Management Team: The Influence of Organizational Performance

Hettie A. Richardson, Allen C. Amason, Ann K. Buchholtz, Joseph G. Gerald

Research output: Contribution to journalArticlepeer-review

Abstract

Despite its strategic importance, researchers have given little attention to when CEOs are willing to delegate decisions to top management team members. Prior studies and conventional wisdom suggest that CEOs will be more willing to delegate in times of good performance. Drawing from prospect theory, we suggest an alternative view: that CEOs will be risk-averse and, therefore, less willing to delegate when their firms have performed well. Our findings provide support for both perspectives.
Original languageAmerican English
JournalInternational Journal of Organizational Analysis
Volume10
StatePublished - Apr 1 2002

DC Disciplines

  • Business

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