Social Norms Decision-Making and Attitude towards Property

Abstract

Aims: To research formalized rules – norms reflecting group of work values embedded in organizational culture, which are based on beliefs, reflecting organization’s systemic preferences in ways of overcoming uncertainty. We tried to identify differences in strategies of decision-making between the group of managers of “industrial” / “entrepreneurial” enterprises.  Sample, Place of the Research: 74 heads of commercial and industrial enterprises. Methodology: by means of factor analysis five factors were discovered: “avoidance of uncertainty”, “orientation – disorientation”, “activity, dominance”, “impulsiveness – reflexivity”, “cooperation – individualism”. Results: We discovered statistically significant differences in strategies of uncertainty reducing between group of managers of “industrial” / “entrepreneurial” enterprises. They are conditioned by degree of personification of property and by specialization. We called it “effect of non-personified property” – the head who has obtained the property as a result of privatization not due to his efforts. He continues by inertia to make decision as a not-owner. He ignores role behavior characteristic of an owner, so he is able to make decisions with high level of risk to lose this property. Conclusion: We have developed and tested theoretical approach allowing to define specific differences in value bases in the process of managerial decision-making in uncertain situations.