various experts‚ professors and authors. All these researches and discussions have given rise to various Leadership Theories. A review of the leadership literature reveal has given rise to various theories like “The Charismatic Theory”‚ “The Trait Theory”‚ “The Behavioural Theory”. . A basic introduction of the various theories is been given in the table below. Leadership Theory Time of Introduction Major Tenets Charismatic Leadership 1920s and 1970s and 1980s Effective leaders inspire subordinates
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2001. The theory and practice of corporate finance: evidence from the field Graham‚ J.R.‚ Harvey‚ C.R.‚ Rajgopal‚ S.‚ 2005. The economic implications of corporate financial reporting Graham‚ J.R.‚ Harvey‚ C.R.‚ Puri‚ M.‚ 2012. Capital allocation and delegation of decision-making authority within firms. Unpublished working paper‚ Duke University. Hackbarth‚ D.‚ 2008. Managerial traits and capital structure decisions. Heaton‚ J.B.‚ 2002. Managerial optimism and corporate finance. Financial Management 31‚ 33–45
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In a broad manner‚ organisational theories can be defined as formal social organisations and their interrelationship with the environment in which they operate. This reading provides insight into the agency and the contingency organisational theories‚ and how management implement these theories into the environment in which their business operates. It also outlines the issues and limitations of these theories‚ using the Coca Cola company as a relevant case study. In addition‚ this essay examines
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McGregor’s Theory X and Y Theory X and Theory Y are theories of human motivation created and developed by Douglas McGregor at the MIT Sloan School of Management in the 1960’s. Theory X and Theory Y have to do with the perceptions managers hold on their employees‚ not the way they generally behave. It is attitude not attributes. Theory X • Manager’s/ Management’s assumptions – • Management assumes employees is inherently lazy‚ will avoid work and they inherently dislike work. • Due to this management
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Expectancy theory proposes that a person will decide to behave or act in a certain way because they are motivated to select a specific behavior over other behaviors due to what they expect the result of that selected behavior will be.[1] In essence‚ the motivation of the behavior selection is determined by the desirability of the outcome. However‚ at the core of the theory is the cognitive process of how an individual processes the different motivational elements. This is done before making the ultimate
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Research Essay (Essay Plan) 1. Outline classical theories of motivation and illustrate their application in different business situation. Discuss their usefulness to the 21st century business manager. Part 1: Introduction * (Why) are theories of motivation still relevant to the 21st century business manager? In today’s market‚ organizations always put pressure on enhanced communication‚ globalization and improved technology to find variety of ways of winning business. (Dransfield‚ 1996:
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journal is available at www.emeraldinsight.com/0025-1747.htm MD 48‚4 Drucker’s theory of the business and organisations: challenging business assumptions 500 Pat Daly Shannon Development Co.‚ Shannon‚ Ireland‚ and University College Cork‚ Cork‚ Ireland‚ and James S. Walsh University College Cork‚ Cork‚ Ireland Abstract Purpose – This paper considers Drucker’s “theory of the business” as a management concept applicable to the challenging of firm performance. The paper seeks to do
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Journal of Management Studies 43:1 January 2006 0022-2380 Guest Editors’ Introduction Corporate Social Responsibility: Strategic Implications* Abagail McWilliams‚ Donald S. Siegel and Patrick M. Wright College of Business Administration‚ University of Illinois at Chicago; Department of Economics‚ Rensselaer Polytechnic Institute; School of Industrial and Labor Relations‚ Cornell University We describe a variety of perspectives on corporate social responsibility (CSR)‚ which
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Organizational Theory and Behavior. Question: The classical Organizational Theories are of questionable relevance‚ to modern organization. Do you agree...? (500 words) I will agree that the Classical Organizational Theories are the basis of Modern Organizations in several ways particularly as it relates to the principles and theories of F. W. Taylor (1856-1915)‚ Henri Fayol (1841-1925) and Max Weber (1864-1924). I have provided a review of these principles and theories as well as a comparison
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scenario. After that the solution concepts are selected in order to acquire a prediction about the possible behavior of the players and outcomes of their actions. These results will be obtained through implementation of the equilibrium concepts like game theory selected for the current strategic framework and predictions will be made. Last section presents the discussion on the importance of results obtained through the implementation of the concept solutions. Relevance from Strategic Perspective As
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