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Decision Making Style In Companies (Case Of Austrian And Czech Companies)

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  • Milan Maly

Abstract

Main aim of our research was to do comparative analysis of managerial decision-making style of top managers in different countries, in this case in Austria and Czech Republic. Longitudinal data analysis starting in the beginning of 90ties of last century up to now shows that there are very slow changes in decision-making style of top managers in the Czech Republic, as the representatives of the group of post-communist countries. According to Vroom-Yetton methodology we divide decision making styles into autocratic, consultative and participative ones and strive for identifying managers with the particular styles. Almost 500 top managers of the companies in Austria and the Czech Republic were questioned and the data were computerized. Comparative analysis confirmed the tendency that top managers of Czech companies tend mostly to autocratic, partly consultative decision-making style and managers of Austrian companies to consultative, partly participative styles.

Suggested Citation

  • Milan Maly, 2014. "Decision Making Style In Companies (Case Of Austrian And Czech Companies)," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 10-16.
  • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:10-16
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    References listed on IDEAS

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    1. Auer-Rizzi, Werner & Reber, Gerhard, 2013. "Leadership Styles: Inertia and changes in the Czech Republic," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(1), pages 9-35.
    2. Auer-Rizzi, Werner & Reber, Gerhard, 2013. "Leadership Styles: Inertia and changes in the Czech Republic," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 18(1), pages 9-35.
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    1. Auer-Rizzi, Werner & Reber, Gerhard, 2013. "Leadership Styles: Inertia and changes in the Czech Republic," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(1), pages 9-35.

    More about this item

    Keywords

    decision making style; managers; austria; czech republic;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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