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PARTICIPATORY MANAGEMENT THEORY AND FINANCIAL DECISION‐MAKING

Ronald L. Gilardi (Assistant Professor, School of Library and Information Science University of Western Ontario)

The Bottom Line

ISSN: 0888-045X

Publication date: 1 April 1992

Abstract

The participatory management model, or at least techniques for systematically sharing authority, has been with us for decades. In broad terms, the model concerns the delegation of decision‐making authority to employees or representative groups of employees. It entails much more than the recognition that employees ought to be able to recommend changes or courses of action. In its purest form, which is the form to be addressed in this article, the participatory management model is premised upon the belief that actual authority should be transferred to and shared with employees.

Citation

Gilardi, R.L. (1992), "PARTICIPATORY MANAGEMENT THEORY AND FINANCIAL DECISION‐MAKING", The Bottom Line, Vol. 5 No. 4, pp. 18-21. https://doi.org/10.1108/eb025349

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited