This Article Full Text (PDF) All Versions of this Article: 1094428107308897v1 11/4/682    most recent References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via HighWire Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Keegan, J. Articles by Kabanoff, B. Search for Related Content Social Bookmarking                         What's this?

Indirect Industry-and Subindustry-Level Managerial Discretion Measurement

Queensland University of Technology

Boris Kabanoff

Queensland University of Technology

Hambrick and Finkelstein's managerial discretion model has received limited research attention, partly because managerial discretion is difficult to operationalize. Abrahamson and Hambrick measured attentional homogeneity, ``the degree of similarity of foci of attention of managers in an industry,'' and demonstrated that it is strongly and negatively correlated with industry-level discretion (ILD). The authors measure attentional homogeneity more accurately and elegantly and show that attentional heterogeneity, the negative of attentional homogeneity, is a viable operationalization of ILD. They extend the technique and measure average levels of managerial discretion for subindustry groups and, using debt discipline as their example, demonstrate the contextual effects of ILD and show that discretion determinants can have nonlinear interactions.

Key Words: industry-level discretion • attentional heterogeneity • lexical measures • positively adjusted accounts • debt discipline • discretionary accounts adjustments • exploratory factor analysis confidence intervals

This version was published on October 1, 2008

Organizational Research Methods, Vol. 11, No. 4, 682-694 (2008)
DOI: 10.1177/1094428107308897


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This article has been cited by other articles:

				D. J. Ketchen Jr, B. K. Boyd, and D. D. Bergh Research Methodology in Strategic Management: Past Accomplishments and Future Challenges Organizational Research Methods, October 1, 2008; 11(4): 643 - 658. [Abstract] [PDF]

				N. Venkat Venkatraman Advancing Strategic Management Insights: Why Attention to Methods and Measurement Matters Organizational Research Methods, October 1, 2008; 11(4): 790 - 794. [Abstract] [PDF]