Delegation of Decisions on the Spanish Shop Floor: From Agency Theory to a Transactional and Organizational Approach (in Spanish)

Cuadernos de Economía y Dirección de la Empresa, No. 25, pp. 133-154, 2005

22 Pages Posted: 7 Sep 2009

See all articles by Isabel Diéguez

Isabel Diéguez

affiliation not provided to SSRN

Xosé H. Vázquez

Universidade de Vigo

Date Written: August, 31 2009

Abstract

The paper addresses the problem of the allocation of decision rights on the shop floor. We try to solve particular limitations of Agency Theory by presenting a complementary approach based on Organization Theory and Transaction Cost Economics. Empirical evidence stems from two industries with very different institutional and technological tratis: the Spanish food and electric/electronic industries. Data confirms our main thesis: the delegation of strategic and operating decisions can be linked to the attributes of labor trasactions as well as to particular organizational traits.

Keywords: Transaction cost economics, organization theory, attributes of labor, ransactions,shop floor operators, strategic and operating decisions

JEL Classification: M12, M21, M54

Suggested Citation

Diéguez, Isabel and Vázquez, Xosé H., Delegation of Decisions on the Spanish Shop Floor: From Agency Theory to a Transactional and Organizational Approach (in Spanish) (August, 31 2009). Cuadernos de Economía y Dirección de la Empresa, No. 25, pp. 133-154, 2005, Available at SSRN: https://ssrn.com/abstract=1464670

Isabel Diéguez

affiliation not provided to SSRN

Xosé H. Vázquez (Contact Author)

Universidade de Vigo ( email )

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