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Disruption ist "kreative Zerstörung". Altes wird zerstört, Neues - Besseres oder Anderes - entsteht. Die digitale Transformation verändert Märkte und Unternehmen radikal und umfassend. Viele dieser Veränderungen sind disruptiv und zerstören Bestehendes und Funktionierendes. Aber es...
Persistent link: https://www.econbiz.de/10011536149
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services …. There is a large variation in management practices, which are highly correlated with productivity, profitability and size …
Persistent link: https://www.econbiz.de/10012794618
This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate...
Persistent link: https://www.econbiz.de/10012463112
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then … match this management data to production and energy usage information for establishments owned by these firms. We find that … relation to other factor inputs. This is quantitatively substantial: going from the 25th to the 75th percentile of management …
Persistent link: https://www.econbiz.de/10012464253
From 1988 to 2003, the average change in managerial ownership is significantly negative every year for American firms. The probability of large decreases in ownership is strongly increasing in contemporaneous and past stock returns but the probability of large increases in ownership through...
Persistent link: https://www.econbiz.de/10012465451
We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the …-level productivity, profitability, Tobin's Q, sales growth and survival rates. Management practices also display significant cross … tail of extremely badly managed firms. We find that poor management practices are more prevalent when (a) product market …
Persistent link: https://www.econbiz.de/10012466452
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