Decentralization, managerial ambiguity by design a research study and report by Richard F. Vancil

Cover of: Decentralization, managerial ambiguity by design | Richard F. Vancil

Published by Dow Jones-Irwin in Homewood, Ill .

Written in English

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  • Decentralization in management.

Edition Notes

Includes bibliographical references and index.

Book details

Statementprepared for the Financial Executives Research Foundation by Richard F. Vancil, with the assistance of Lee E. Buddrus.
ContributionsBuddrus, Lee E., joint author., Financial Executives Research Foundation.
LC ClassificationsHD38 .V277
The Physical Object
Paginationxiv, 393 p. :
Number of Pages393
ID Numbers
Open LibraryOL4427269M
ISBN 100910586322, 0910586330
LC Control Number79051782

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Additional Physical Format: Online version: Vancil, Richard F. Decentralization, managerial ambiguity by design. Homewood, Ill.: Dow Jones-Irwin, © › title › decentralization-managerial-ambiguity-by-design-a.

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Decentralization in a sick fund: lessons from an evaluation Decentralization in a sick fund: lessons from an evaluation Revital Gross; Bruce Rosen InIsrael’s largest sick fund embarked on a process of decentralization, which consisted of the delegation of authority from central management to two regions that were chosen as demonstration :// › lp › emerald-publishing ›.

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Ambiguity aversion raises both the equity premium and the credit yield spread. The equity premium and the credit yield spread are state dependent and high for distressed firms with low cash reserves. JEL Classification: D86, G12, G32, J33 Keywords: robustness, ambiguity, moral hazard, principal-agent problem, capital struc- › meds › events › decentralization › › files › MIAO.

Assessing the degree of decentralization of a firm is complicated by the multidimensional nature of decentralization. We use an instrumental (unidimensional) variable for the general degree of decentralization from the CEO to the next management level (the ‘second level’).

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