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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
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 | ||||||||||||||||||
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| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce |
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| Divisions: | Faculty of Science > 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 | ||||||||||||||||||
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| 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 | ||||||||||||||||||
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