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Corporate hierarchies under employee representation

Belloc, Filippo; Burdín, Gabriel; Landini, Fabio - 2020

This paper analyzes whether workplace employee representation (ER) affects the design of firm hierarchies. We rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends on the trade-off between communication and knowledge...

Persistent link: https://www.econbiz.de/10012293686

Hidden action, identification, and organization design

Schnedler, Wendelin - 2010

Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...

Persistent link: https://www.econbiz.de/10009303451

The adoption and diffusion of organizational innovation : evidence for the US economy

Lynch, Lisa M. (contributor) - 2007

Using a unique longitudinal representative survey of both manufacturing and non-manufacturing businesses in the United States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...

Persistent link: https://www.econbiz.de/10003597337

When knowledge is an asset : explaining the organizational structure of large law firms

Rebitzer, James B. (contributor); … - 2006

We study the economics of employment relationships through theoretical and empirical analysis of an unusual set of firms, large law firms. Our point of departure is the "property rights" approach that emphasizes the centrality of ownership's legal rights to control important, non-human assets of...

Persistent link: https://www.econbiz.de/10003384904

Team incentives : evidence from a firm level experiment

Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - 2012

Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce. Compared to individual incentives, team incentives can affect productivity by changing both workers' effort and team composition. We present evidence from a field experiment...

Persistent link: https://www.econbiz.de/10009529497

Measuring organizational capital in the new economy

Black, Sandra E. (contributor); Lynch, Lisa M. (contributor) - 2005

A growing body of literature over the past decade suggests that a firm's organizational structure/capital can contribute in significant ways to the productive capacity of a firm. But, as with other intangible assets, there is no consensus definition of what this organizational capital is, how to...

Persistent link: https://www.econbiz.de/10002691057

Resource misallocation in European firms : the role of constraints, firm characteristics and managerial decisions

Gorodnichenko, Yuriy; Revoltella, Debora; Švejnar, Jan; … - 2018

Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...

Persistent link: https://www.econbiz.de/10011815929

Management compensation and firm-level income inequality

Frederiksen, Anders (contributor); … - 2008

management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a … general equilibrium model. Empirical estimation, of the model's key parameters show that the rising management premium is … rising management premium produces income distribution dynamics at the firm level which are similar to those observed at the …

Persistent link: https://www.econbiz.de/10003754931

How do industries and firms respond to changes in local labor supply?

Dustmann, Christian; Glitz, Albrecht - 2011

In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...

Persistent link: https://www.econbiz.de/10009524993

Intra firm bargaining and shapley values

Bruegemann, Bjoern; Gautier, Pieter; Menzio, Guido - 2015

The paper revisits the problem of wage bargaining between a firm and multiple workers. We show that the Subgame Perfect Equilibrium of the extensive-form game proposed by Stole and Zwiebel (1996a) does not imply a profile of wages and profits that coincides with the Shapley values as claimed in...

Persistent link: https://www.econbiz.de/10011317659

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