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Other-regarding preferences and management styles

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Kocher, M. G., Pogrebna, Ganna and Sutter, M. (2013) Other-regarding preferences and management styles. Journal of Economic & Behaviour Organization, 88 . pp. 109-132. doi:10.1016/j.jebo.2013.01.004

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Official URL: https://doi.org/10.1016/j.jebo.2013.01.004

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Abstract

We use a laboratory experiment to examine whether and to what extent other-regarding preferences (efficiency, inequality aversion and maximin concerns) of team managers influence their management style in choice under risk. We find that managers who prefer efficiency are more likely to exercise an autocratic management style by ignoring preferences of their team members. Equality concerns have no significant impact on management styles. Elected managers have a higher propensity than exogenously assigned managers to use a democratic management style by reaching team consensus. We also find that male managers employ a democratic style more often than women.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HF Commerce
Divisions: Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group)
Library of Congress Subject Headings (LCSH): Supervision of employees, Teams in the workplace
Journal or Publication Title: Journal of Economic & Behaviour Organization
Publisher: Elsevier
ISSN: 0167-2681
Official Date: April 2013
Dates:
DateEvent
April 2013Published
29 January 2013Available
21 January 2013Accepted
Volume: 88
Page Range: pp. 109-132
DOI: 10.1016/j.jebo.2013.01.004
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
P16617Austrian Science Fundhttp://dx.doi.org/10.13039/501100002428
UNSPECIFIEDLudwig-Maximilians-Universität Münchenhttp://dx.doi.org/10.13039/501100005722
UNSPECIFIEDRoyal Economic Societyhttp://dx.doi.org/10.13039/501100000701
UNSPECIFIEDLeverhulme Trusthttp://dx.doi.org/10.13039/501100000275
UNSPECIFIEDUniversity of Sheffieldhttp://dx.doi.org/10.13039/501100000858

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