IDEAS home Printed from https://ideas.repec.org/a/wly/mgtdec/v44y2023i3p1574-1584.html
   My bibliography  Save this article

Specificity of the decision‐making mechanism in public corporations

Author

Listed:
  • Xiaoke Yang
  • Lidong Wu

Abstract

The purpose of the study is to determine the system of differences in the decision‐making algorithms between public corporations and private ones for similar tasks. It was determined that situational and behavioral factors influence the decision‐making process in corporations. Based on the interpretation of the results of the survey of heads of private and public corporations, models for structuring decisions in public and private corporations have been built. The analysis of the constructed models made it possible to identify and formulate a system of differences in the decision‐making mechanism and factors influencing decision making in public corporations.

Suggested Citation

  • Xiaoke Yang & Lidong Wu, 2023. "Specificity of the decision‐making mechanism in public corporations," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(3), pages 1574-1584, April.
    • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:3:p:1574-1584
    DOI: 10.1002/mde.3767
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/mde.3767
    Download Restriction: no
    File URL: https://libkey.io/10.1002/mde.3767?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. J. Kiranmai & R. K. Mishra, 2019. "Corporate Governance Practices in Listed State-owned Enterprises in India: An Empirical Research," Indian Journal of Corporate Governance, , vol. 12(1), pages 94-121, June.
    2. Imeda A. Tsindeliani & Maxim M. Proshunin & Tatyana D. Sadovskaya & Zhanna G. Popkova & Mariam A. Davydova & Oksana A. Babayan, 2021. "Digital transformation of the banking system in the context of sustainable development," Journal of Money Laundering Control, Emerald Group Publishing Limited, vol. 25(1), pages 165-180, June.
    3. Joana Patrícia Friães dos Santos & Amélia Maria Martins Pires & Paula Odete Fernandes, 2018. "The importance to financial information in the decision-making process in company’s family structure," Contaduría y Administración, Accounting and Management, vol. 63(2), pages 35-36, Junio.
    4. Imeda A. Tsindeliani & Irina E. Mikheeva, 2021. "Review of information asymmetry in banking in the Russian Federation," Journal of Money Laundering Control, Emerald Group Publishing Limited, vol. 25(4), pages 779-791, October.
    5. Burak Erkut, 2020. "From Digital Government to Digital Governance: Are We There Yet?," Sustainability, MDPI, vol. 12(3), pages 1-13, January.
    6. Wolfgang Drobetz & Malte Janzen & Iwan Meier, 2019. "Investment and financing decisions of private and public firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 46(1-2), pages 225-262, January.
    7. Omer Faruk Derindag & Maya Lambovska & Daniela Todorova, 2021. "Innovation Development Factors: Switzerland Experience," Pressburg Economic Review, Pressburg Economic Centre, London, UK, vol. 1(1), pages 57-65, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhiyong Zheng & Jian He & Yingjie Yang & Mengting Zhang & Desheng Wu & Yang Bian & Jianhong Cao, 2023. "Does financial leverage volatility induce systemic financial risk? Empirical insight based on the Chinese fintech sector," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 1142-1161, March.
    2. Joel Rabinovich & Niall Reddy, 2024. "Corporate Financialization: A Conceptual Clarification and Critical Review of the Literature," Working Papers PKWP2402, Post Keynesian Economics Society (PKES).
    3. Jani Saastamoinen & Hanna Savolainen, 2021. "Does a leopard change its spots? Auditors and lawyers as valuation experts for minority shareholders in the judicial appraisal of private firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(3-4), pages 613-636, March.
    4. Beata Gavurova & Sylvia Jencova & Radovan Bacik & Marta Miskufova & Stanislav Letkovsky, 2022. "Artificial intelligence in predicting the bankruptcy of non-financial corporations," Oeconomia Copernicana, Institute of Economic Research, vol. 13(4), pages 1215-1251, December.
    5. Driss, Hamdi & Drobetz, Wolfgang & El Ghoul, Sadok & Guedhami, Omrane, 2021. "Institutional investment horizons, corporate governance, and credit ratings: International evidence," Journal of Corporate Finance, Elsevier, vol. 67(C).
    6. Abeer Al-Khoury & Sahraa Anwer Hussein & Muthana Abdulwhab & Zainab M. Aljuboori & Hossam Haddad & Mostafa A. Ali & Ibtihal A. Abed & Hakeem Hammood Flayyih, 2022. "Intellectual Capital History and Trends: A Bibliometric Analysis Using Scopus Database," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    7. Anas A. Makki & Ammar Y. Alqahtani, 2022. "Modeling the Barriers Surrounding Digital Government Implementation: Revealing Prospect Opportunities in Saudi Arabia," Sustainability, MDPI, vol. 14(23), pages 1-17, November.
    8. Wu, Xi & Wang, Yudong, 2021. "How does corporate investment react to oil prices changes? Evidence from China," Energy Economics, Elsevier, vol. 97(C).
    9. Zhengwen Lu & Yujie Zhang & Yuanxu Li, 2022. "Strategic Charitable Giving and R&D Innovation of High-Tech Enterprises: A Dynamic Perspective Based on the Corporate Life Cycle," Sustainability, MDPI, vol. 14(23), pages 1-20, December.
    10. Drobetz, Wolfgang & Ehlert, Sebastian & Schröder, Henning, 2021. "Institutional ownership and firm performance in the global shipping industry," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 146(C).
    11. Hyungjun Seo & Seunghwan Myeong, 2021. "Determinant Factors for Adoption of Government as a Platform in South Korea: Mediating Effects on the Perception of Intelligent Information Technology," Sustainability, MDPI, vol. 13(18), pages 1-20, September.
    12. Veronika Jezkova & Zuzana Rowland & Veronika Machova & Jan Hejda, 2020. "The Intrinsic Value of an Enterprise Determined by Means of the FCFE Tool," Sustainability, MDPI, vol. 12(21), pages 1-13, October.
    13. Rosita Capurro & Raffaele Fiorentino & Rubina Michela Galeotti & Stefano Garzella, 2023. "The Impact of Digitalization and Sustainability on Governance Structures and Corporate Communication: A Cross-Industry and Cross-Country Approach," Sustainability, MDPI, vol. 15(3), pages 1-27, January.
    14. Liu, Yixin & Liu, Yu & Wei, Zuobao, 2022. "Property rights protection, financial constraint, and capital structure choices: Evidence from a Chinese natural experiment," Journal of Corporate Finance, Elsevier, vol. 73(C).
    15. Xuejun Jin & Xiao Pan, 2023. "Government Attention, Market Competition and Firm Digital Transformation," Sustainability, MDPI, vol. 15(11), pages 1-27, June.
    16. Peter‐Jan Engelen & Michele Meoli & Andrea Signori & Silvio Vismara, 2020. "The effects of stricter regulation on the going public decision of small and knowledge‐intensive firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 47(1-2), pages 188-217, January.
    17. Sewoong Hwang & Jonghyuk Kim, 2021. "Toward a Chatbot for Financial Sustainability," Sustainability, MDPI, vol. 13(6), pages 1-18, March.
    18. Luoming Hu & Changqing Song & Sijing Ye & Peichao Gao, 2022. "Spatiotemporal Statistical Imbalance: A Long-Term Neglected Defect in UN Comtrade Dataset," Sustainability, MDPI, vol. 14(3), pages 1-17, January.
    19. Georgios Kontogeorgis & Nikolaos Varotsis, 2021. "Reinstating Greek E-Governance: A Framework For E-Government Benchmarking, Improvement And Government Policies," Public administration issues, Higher School of Economics, issue 6, pages 103-127.
    20. Niclas Andrén & Håkan Jankensgård, 2020. "Disappearing investment‐cash flow sensitivities: Earnings have not become a worse proxy for cash flow," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 47(5-6), pages 760-785, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:mgtdec:v:44:y:2023:i:3:p:1574-1584. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/cgi-bin/jhome/7976 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.