Showing 1 - 10 of 83
Globalization and the ICT revolution of the 1990s have forced many firms to reorganize in order to survive in a more competitive market. There are several approaches that can be used to assess the measurement of organization capital since it is unobservable. Using an optimizing firm model and...
Persistent link: https://www.econbiz.de/10010746087
This paper centres around the question of ownership of firms and managerial competition and how these affect managers and employees’ incentives to invest in human capital. We argue that employees’ incentives in human capital investment are affected by both ownership and competition since...
Persistent link: https://www.econbiz.de/10010928689
This paper investigates the relationship between a CEO’s social network, firm identity, and firm performance. There are … relation between social networks and firm performance, while agency theory in general and Bebchuk’s managerial power approach … in particular predicts a negative relationship between social networks and firm performance. Based on a new and …
Persistent link: https://www.econbiz.de/10010884592
This paper reports results from a recent survey we conducted on the union status of over 650 firms in the private sector of the UK. Compared to earlier periods, the survey shows that since 1997 there has been a slight fall in derecognition, but a relatively large increase in union recognition....
Persistent link: https://www.econbiz.de/10010884653
Economists have long puzzled over the astounding differences in productivity between firms and countries. For example, looking at disaggregated data on U.S. manufacturing industries, Syverson (2004a) found that plants at the 90th percentile produced four times as much as the plant in the 10th...
Persistent link: https://www.econbiz.de/10010745216
This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10010745219
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers a novel explanation for this finding. I develop a simple general equilibrium model of trade in which trade liberalization leads to outsourcing as firms focus on their core competencies in...
Persistent link: https://www.econbiz.de/10010745324
A startling fact of firm level productivity analysis is the large and persistent differences in both labour productivity and total factor productivity (TFP) between firms in narrowly defined sectoral classes. The competitiveness of an industry is potentially an important factor explaining this...
Persistent link: https://www.econbiz.de/10010745506
Much of recent Trade theory focuses on heterogeneity of firms and the differential impacttrade policy might have on firms with different levels of productivity. A common problem isthat most firm level dataset do not contain information on output prices of firms which makesit difficult to...
Persistent link: https://www.econbiz.de/10010745877
employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a …
Persistent link: https://www.econbiz.de/10010746021