We develop a theory of firm scope and structure in which merging two firms allows the integrated firm's top management …

efficiently, the integrated firm's top management must obtain information about the possible use of resources from division …

A long-standing question in social science is to what extent differences in management cause differences in firm … performance. To investigate this we ran a management field experiment on large Indian textile firms. We provided free consulting … on modern management practices to a randomly chosen set of treatment plants and compared their performance to the control …