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related to the change in their management performance. We use new and unique data from a recent large scale firm survey of … management practices in Germany. We calculate management scores for firms as in Bloom et al. (2013), which indicate how … structured management is in a given firm. We find that switching into exporting, and to a lesser degree opening up affiliates …
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A recent literature has introduced heterogeneous firms into models of international trade. This literature has adopted the convention of treating individual firms as points on a continuum. While the continuum offers many advantages this convenience comes at some cost: (1) Shocks to individual...
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How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory has ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could discourage discretionary disclosure. On the...
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