Englmaier, Florian; Hofmann, Michael; Wolter, Stefanie - 2023
We study how firms adjust the bundles of management practices they adopt over time, using repeated survey data … collected in Germany from 2012 to 2018. By employing unsupervised machine learning, we leverage high-dimensional data on human … resource policies to describe clusters of management practices (management styles). Our results suggest that two management …