MANAGERIAL AUTONOMY OF STATE-OWNED ENTERPRISES - DETERMINING FACTORS

• 成果类型: Article
• 署名作者: LIOUKAS, S; BOURANTAS, D; PAPADAKIS, V
• 署名单位: University of London; London Business School
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.4.4.645
• 发表日期: 1993
• 页码: 645-666
• 关键词: STATE ENTERPRISES; MANAGERIAL AUTONOMY; Control; RESOURCE DEPENDENCE

摘要

The present paper reports on managerial autonomy of state-owned enterprises (SOEs), or its reverse: the control which is exerted by government and supervising public authorities on SOEs. First, it examines the types of control applied. Using evidence from a sample of 110 Greek SOEs, the paper identifies certain distinct dimensions of control related to: strategic business-boundary issues, pricing decisions, resource acquisition and mobilisation issues. Second, environmental and organisational ''determinants'' of the control intensity are identified. Results broadly suggest that the intensity of control, as perceived by enterprise managers, is (i) positively related to dependence on the state for resources, to enterprise size. and to ''political visibility,'' i.e., social orientation of product market strategy, and (ii) negatively related to market competition and demand unpredictability. An interpretation of the results is attempted drawing on wider organisational, social and economic theories. Policy implications are discussed.