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

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.