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From fiction to fact: the impact of CEO social networks

Kirchmaier, Thomas; Stathopoulos, Konstantinos - London School of Economics (LSE) - 2008

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

New survey evidence on recent changes in UK union recognition

Blanden, Jo; Machin, Stephen; Van Reenen, John - London School of Economics (LSE) - 2005

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

Why do management practices differ across firms and countries?

Bloom, Nick; Van Reenen, John - London School of Economics (LSE) - 2010

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

Multiple-product firms and product switching

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2010

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

Trade liberalization, outsourcing, and firm productivity

Ossa, Ralph - London School of Economics (LSE) - 2007

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

Productivity dispersion, competition and productivity measurement

Martin, Ralf - London School of Economics (LSE) - 2008

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

Productivity spreads, market power spreads and trade

Martin, Ralf - London School of Economics (LSE) - 2010

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

Minimum wages and firm profitability

Draca, Mirko; Machin, Stephen; Van Reenen, John - London School of Economics (LSE) - 2006

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

Measuring organization capital in Japan: an empirical assessment using firm-level data

Miyagawa, Tsutomu; Kim, YoungGak - London School of Economics (LSE) - 2007

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

Globalisation, ICT and the nitty gritty of plant level datasets

Martin, Ralf - London School of Economics (LSE) - 2004

The net entry contribution to aggregate productivity growth has increased dramatically in the UK over 1990s according to calculations based on data from the Annual Respondents Database (ARD). Some recent studies have tried to link this to other structural changes over the same period such as...

Persistent link: https://www.econbiz.de/10010746177