Managerial discretion and corporate governance: The bonded relationship
Our study aims to demonstrate the importance of managerial discretion to corporate governance research and deepen our understanding of managerial discretion. Adopting theoretical frameworks and definitions from 93 conceptual and empirical studies on managerial discretion and corporate governance, we...
محفوظ في:
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | |
| التنسيق: | article |
| منشور في: |
2021
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| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/17587 https://dx.doi.org/10.22495/cocv18i3art7 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://researchonline.ljmu.ac.uk/id/eprint/15282/ |
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إضافة وسم
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| _version_ | 1864513475586293760 |
|---|---|
| author | Haj Youssef, Moustafa |
| author2 | Teng, Da |
| author2_role | author |
| author_facet | Haj Youssef, Moustafa Teng, Da |
| author_role | author |
| dc.creator.none.fl_str_mv | Haj Youssef, Moustafa Teng, Da |
| dc.date.none.fl_str_mv | 2021 2021 2026-02-04T13:57:32Z 2026-02-04T13:57:32Z |
| dc.identifier.none.fl_str_mv | 1727-9232 http://hdl.handle.net/10725/17587 https://dx.doi.org/10.22495/cocv18i3art7 Haj Youssef, M., & Teng, D. (2021). Managerial discretion and corporate governance: The bonded relationship. Corporate Ownership and Control, 18(3), 75-85. http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://researchonline.ljmu.ac.uk/id/eprint/15282/ |
| dc.language.none.fl_str_mv | en |
| dc.relation.none.fl_str_mv | Corporate Ownership and Control, |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.title.none.fl_str_mv | Managerial discretion and corporate governance: The bonded relationship |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | Our study aims to demonstrate the importance of managerial discretion to corporate governance research and deepen our understanding of managerial discretion. Adopting theoretical frameworks and definitions from 93 conceptual and empirical studies on managerial discretion and corporate governance, we argue that extant studies have presented explicit empirical and theoretical definitions of managerial discretion; and have proved the validity, reliability, and replicability of the concept. We argue that corporate governance scholarship cannot move forward without managerial discretion as it provides shareholders and board of directors’ essential guidance on how much freedom in decision-making is to be granted to top managers by deeming the different dimensions of the internal and external environment into consideration. We reinstate our original argument that corporate governance research is not better off without managerial discretion. We also provide a new vantage for corporate governance and managerial discretion scholars to distinguishing between the latitude of actions and latitude of objectives. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | LAURepo_b615db9d3db47960b048a898b94f82e3 |
| identifier_str_mv | 1727-9232 Haj Youssef, M., & Teng, D. (2021). Managerial discretion and corporate governance: The bonded relationship. Corporate Ownership and Control, 18(3), 75-85. |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/17587 |
| publishDate | 2021 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | Managerial discretion and corporate governance: The bonded relationshipHaj Youssef, MoustafaTeng, DaOur study aims to demonstrate the importance of managerial discretion to corporate governance research and deepen our understanding of managerial discretion. Adopting theoretical frameworks and definitions from 93 conceptual and empirical studies on managerial discretion and corporate governance, we argue that extant studies have presented explicit empirical and theoretical definitions of managerial discretion; and have proved the validity, reliability, and replicability of the concept. We argue that corporate governance scholarship cannot move forward without managerial discretion as it provides shareholders and board of directors’ essential guidance on how much freedom in decision-making is to be granted to top managers by deeming the different dimensions of the internal and external environment into consideration. We reinstate our original argument that corporate governance research is not better off without managerial discretion. We also provide a new vantage for corporate governance and managerial discretion scholars to distinguishing between the latitude of actions and latitude of objectives.Published2026-02-04T13:57:32Z2026-02-04T13:57:32Z20212021Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article1727-9232http://hdl.handle.net/10725/17587https://dx.doi.org/10.22495/cocv18i3art7Haj Youssef, M., & Teng, D. (2021). Managerial discretion and corporate governance: The bonded relationship. Corporate Ownership and Control, 18(3), 75-85.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttps://researchonline.ljmu.ac.uk/id/eprint/15282/enCorporate Ownership and Control,info:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/175872026-02-04T13:57:32Z |
| spellingShingle | Managerial discretion and corporate governance: The bonded relationship Haj Youssef, Moustafa |
| status_str | publishedVersion |
| title | Managerial discretion and corporate governance: The bonded relationship |
| title_full | Managerial discretion and corporate governance: The bonded relationship |
| title_fullStr | Managerial discretion and corporate governance: The bonded relationship |
| title_full_unstemmed | Managerial discretion and corporate governance: The bonded relationship |
| title_short | Managerial discretion and corporate governance: The bonded relationship |
| title_sort | Managerial discretion and corporate governance: The bonded relationship |
| url | http://hdl.handle.net/10725/17587 https://dx.doi.org/10.22495/cocv18i3art7 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://researchonline.ljmu.ac.uk/id/eprint/15282/ |