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Does management matter? : evidence from India

Bloom, Nicholas; Eifert, Benn; Mahajan, Aprajit; … - 2011

A long-standing question in social science is to what extent differences in management cause differences in firm … performance. To investigate this we ran a management field experiment on large Indian textile firms. We provided free consulting … on modern management practices to a randomly chosen set of treatment plants and compared their performance to the control …

Persistent link: https://www.econbiz.de/10008822906

Delegation, promotion, and manager selection

Häusinger, Benjamin - 2019

management position. However, if non-contractible managerial decision rights give rise to private benefits and preference …

Persistent link: https://www.econbiz.de/10012138859

Innovation and institutional ownership

Aghion, Philippe (contributor); Van Reenen, John (contributor) - 2009

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...