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We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US …. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of … greater misallocation in Mexico is the weaker size-management relationship compared to the US, particularly in the highly …
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This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
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Management Survey (WMS) that includes new questions on firms' climate change perceptions and adaptation behavior. Combining this …, firms with structured management practices are more resilient, suffering much smaller drops in jobs and capital. To …-targeted. These results show that improving management is one way to help protect economies from climate change shocks …
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We use an innovative survey tool to collect management practice data from over 4,000 medium sized manufacturing firms … owners, this difference is not statistically significant. Looking at management practices in detail we find that Private … Equity-owned firms have strong people management practices (hiring, firing, pay and promotions) but even stronger operations …
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; management …
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