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performance in the largest companies in Germany in the 1980s. The management board turns over slowly -- at a rate of 10% per year … -- implying that top executives in Germany have longer tenures than their counterparts in the U.S. and Japan. Turnover of the …
Persistent link: https://www.econbiz.de/10012474534
learning algorithm. The algorithm uncovers two distinct behavioral types: "leaders" and "managers". Leaders focus on multi …-function, high-level meetings, while managers focus on one-to-one meetings with core functions. Firms with leader CEOs are on average …
Persistent link: https://www.econbiz.de/10012455433
promoted management training trips for European managers at US firms. Through the analysis of reports compiled by UK, France …, Germany, and Italian participating firms, I first document that these companies claimed between 5 and 10% yearly productivity …
Persistent link: https://www.econbiz.de/10014447280
What prevents the spread of information among coworkers, and which management practices facilitate workplace knowledge flows? We conducted a field experiment in a sales company, addressing these questions with three active treatments. (1) Encouraging workers to talk about their sales techniques...
Persistent link: https://www.econbiz.de/10012479184
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...
Persistent link: https://www.econbiz.de/10012480847
This paper develops and estimates a model of indivisibilities in shipping and economies of scale in consolidation. It uses highly detailed data on imports for which it is possible to observe the contents of individual containers. In the model, a firm is able to adapt to indivisibility...
Persistent link: https://www.econbiz.de/10012453191
The elasticity of substitution between home and foreign goods is one of the most important parameters in international economics. The international macro literature, which is primarily concerned with short-run business cycle fluctuations, assigns a low value to this parameter. The international...
Persistent link: https://www.econbiz.de/10012459908
Nearly half of all transactions in the $5 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of "superstar" firms - the largest one percent of wholesalers....
Persistent link: https://www.econbiz.de/10014468236
With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who care about both common product quality and consumer-influencer interaction. Sellers thus compete in both influencer and product markets. As outreach and...
Persistent link: https://www.econbiz.de/10014287344
This paper investigates whether managers who fail to exploit regulatory loopholes are vulnerable to replacement. We use … economically significant predictor of whether a hospital replaces its management with a new team of for-profit managers. We also …
Persistent link: https://www.econbiz.de/10012466226