Agency effects and escalation of commitment: do small national culture differences matter?

Salter, Stephen B.; Sharp, David

doi:10.1016/s0020-7063(01)00084-x

Cited by 41 publications

(24 citation statements)

References 21 publications

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“…For example, Sharp and Salter (1997) find that the agency effect (adverse selection situations) was insignificant for their Asian sample (Hong Kong and Singapore), yet highly significant in North America (U.S. and Canada). In addition, Salter and Sharp (2001) find a strong effect of national culture, given an apparently small culture difference (i.e., U.S.A. and Canada), on how well agency theory can explain managersÕ project continuance decisions. Therefore, they suggest that the effect of adverse selection conditions may be highly country-specific.…”

mentioning

confidence: 93%

“…Cross-cultural studies in management accounting suggest that national culture may affect the design and the use of management control systems, managersÕ values, and their decision making (e.g., Chow et al, 2000). Some studies find that the national cultures of managers within multinational companies may affect such managersÕ project continuation decisions (Chow et al, 1997;Salter and Sharp, 2001;Sharp and Salter, 1997). For example, Sharp and Salter (1997) find that the agency effect (adverse selection situations) was insignificant for their Asian sample (Hong Kong and Singapore), yet highly significant in North America (U.S. and Canada).…”

mentioning

confidence: 99%

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The Effects of Moral Development and Adverse Selection Conditions on Managers’ Project Continuance Decisions: A Study in the Pacific-Rim Region

Chang

Yen

2007

J Bus Ethics

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mentioning

confidence: 93%

mentioning

confidence: 99%

The Effects of Moral Development and Adverse Selection Conditions on Managers’ Project Continuance Decisions: A Study in the Pacific-Rim Region

Chang

Yen

2007

J Bus Ethics

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“…For example, escalation in the IT sector can be related to an organizational reward structure in which a manager's performance is linked with the success of software process improvement activities (Abrahamsson, 2002). Salter and Sharp (2001) showed that the effect of an apparently small difference in national culture can explain differences in escalation of commitment to failing projects in two countries with significant cross-border investment (USA and Canada). Studies of de-escalation of commitment (Heng et al, 2003;Pan et al, 2004) can provide guidance for both researchers and managers to help avoid inappropriate escalation of commitment.…”

Section: An Institutional Perspective On Tools For Sustainable Forestrymentioning

confidence: 99%

Information and knowledge management for sustainable forestry.

Thomson

Rauscher²,

Schmoldt³

et al. 2007

Sustainable Forestry: From Monitoring and Modelling to Knowledge Management and Policy Science

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Institutional information and knowledge management often involves a range of systems and technologies to aid decisions and produce reports. Construction of a knowledge system organizing hierarchy facilitates exploration of the interrelationships among knowledge management, inventory and monitoring, statistics and modelling, and policy. Two case studies illustrate these interrelationships in institutional settings: (i) the FA0 National Forest Assessment process; and (ii) knowledge management in supply chains. The development and adoption of knowledge management systems in institutions can be improved by considering the principles and studies generated by the social sciences, e.g. innovation diffusion, escalation of commitment and agency theory. Still, many of these principles and practices -as they relate to sustainability -have evolved primarily in the context of the developed world. Broader, more inclusive perspectives are needed as we mesh traditional ,_Western thinking with the insights, cultures, practices and limitations of the developing world.

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“…A study of local subsidiaries of a multinational corporation demonstrates the influence of nationally specific corporate policies and practices in relation to the environment (Guedes 2000). Salter and Sharp (2001) show that even apparently minor cultural differences in management control and accounting such as those between Canada and the United States can be the source of serious coordination problems. Other studies address the importance of nationality in behavioural attributes of executives (Hitt 1997), entrepreneurial orientation (Kemelgor 2002), and investment conduct (Thomas and Waring 1999).…”

Section: National Culture In Business Studiesmentioning

confidence: 99%

Homo Nationis: The Psychosocial Infrastructure of the Nation-State Order

Pickel¹

2006

The Problem of Order in the Global Age

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The central argument of this paper is that the global expansion of sovereign nation-states has been accompanied by the emergence of a particular type of modern individual, homo nationis. The general significance of this argument lies in the fact that this personality type, which is either taken for granted (untheorized) or ignored, constitutes an integral component of modern social order. That is, in addition to the constitutional and institutional foundations of the state and its political economy, the nation-state has a psychosocial foundation -a "national habitus." The concepts of homo nationis and national habitus underscore that modern individuals are historical individuals, i.e. they have personality structures that are unlike those of individuals in other historical epochs, and that they should be explicitly conceptualized as such, rather than as a transhistorical homo oeconomicus or homo sociologicus. Many fundamental social processes, including those discussed under globalization, can be better explained with such a conception. The historical-structural context for homo nationis is the world order of nation-states that has only recently finished formally incorporating all other social formations from tribes to the remnants of empires, as well as the specific state-society to which the individual belongs.The paper notes the interest Durkheim and Weber had in habitual behaviour and draws on the exemplary work of Norbert Elias on national habitus to sketch its conception of homo nationis. The paper then assembles further evidence for the existence and significance of national habitus by perusing a diverse set of scholarly literatures, including national culture in business studies, national economies and economic nations, nationalism, comparative sociology, and normative political theory.

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Agency effects and escalation of commitment: do small national culture differences matter?

Cited by 41 publications

References 21 publications

The Effects of Moral Development and Adverse Selection Conditions on Managers’ Project Continuance Decisions: A Study in the Pacific-Rim Region

The Effects of Moral Development and Adverse Selection Conditions on Managers’ Project Continuance Decisions: A Study in the Pacific-Rim Region

Information and knowledge management for sustainable forestry.

Homo Nationis: The Psychosocial Infrastructure of the Nation-State Order

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