Managerial Cognitive Moral Development and the Firm's Owners' Salience: Empirical Evidence

Autor/inn/en	Martynov, Aleksey; Logachev, Sergey
Titel	Managerial Cognitive Moral Development and the Firm's Owners' Salience: Empirical Evidence
Quelle	In: Administrative Issues Journal: Connecting Education, Practice, and Research, 6 (2016) 1, S.73-87 (15 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	2153-7615
Schlagwörter	Moral Development; Corporations; Ownership; Administrators; Correlation; Power Structure; Interpersonal Relationship; Incentives; Foreign Countries; Administrator Surveys; Administrator Attitudes; Likert Scales; Vignettes; Ethics; Individual Characteristics; Regression (Statistics); Russia + Suchen Sie Ihr Suchwort? Moralische Entwicklung; Unternehmen; Eigentum; Korrelation; Interpersonal relation; Interpersonal relations; Interpersonelle Beziehung; Zwischenmenschliche Beziehung; Anreiz; Ausland; Likert-Skala; Ethik; Personality characteristic; Personality traits; Persönlichkeitsmerkmal; Regression; Regressionsanalyse; Russland
Abstract	In this paper, we study the agency relationship between the firm's owners and managers. We apply the theory of Cognitive Moral Development (CMD) to answer the question: What factors affect salience of the interests of the firm's owners to the managers? Using a sample of Russian managers, we found that higher levels of CMD weaken the relationship between the owners' perceived urgency and the owners' salience and strengthen the relationship between the owners' perceived power and the owners' salience. We also found that managerial CMD is positively associated with the perceived legitimacy of the owners' demands to the managers. Our results show that the higher the managers' CMD, the less applicable are the recommendations of agency theory to incentivizing and controlling the managers. (As Provided).
Anmerkungen	Southwestern Oklahoma State University. 100 Campus Drive PAX 208, Weatherford, OK 73096. Tel: 580-774-7175; Fax: 580-774-7020; e-mail: aij@swosu.edu; Web site: https://www.swosu.edu/academics/aij/
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01