Mergers and acquisitions are a fast way for a firm to grow. Using plant-level data, we examine how firms redraw their boundaries after acquisitions. We find that there is a large amount of restructuring in a short period following mergers. Acquirers sell 27% and close 19% of acquired plants...

This paper explores the interaction between incentives, information, and organizational design. It argues that the virtues of the market economy do not lie so much in the vision of competition and decentralization embodied in the Arrow-Debreu model, or the Lange-Lerner-Taylor analysis of market...

We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...

This survey provides an overview of theoretical and empirical research on information flows in corporations. It highlights key frictions preventing effective information flows and discusses how organizational structure and corporate governance can alleviate these frictions, focusing on three...

Hilfreiche Trainingsfragen zu diesem Buch finden Sie unter: http://www.economag.de/training?ISBN=58414 Die Bedeutung der Organisationsgestaltung ist für Unternehmen, die im Wettbewerb bestehen wollen, unverändert hoch. Vor allem funktionierende, effiziente Prozesse, die schnelle Reaktionen auf...

Die Bedeutung der Organisationsgestaltung ist für Unternehmen, die im Wettbewerb bestehen wollen, unverändert hoch. Vor allem funktionierende, effiziente Prozesse, die schnelle Reaktionen auf Änderungen erlauben, sind ausschlaggebend für ein erfolgreiches Unternehmen. Organisationskenntnisse...

The extensive literature on knowledge management spans several fields, but there are remarkably few studies that address the basic question as to whether knowledge management practices improve organizational performance. I examine that question using a national probability sample of...

We present a theory of the organization of work in an economy where knowledge is an essential input in production: a knowledge economy. In this economy a continuum of agents with heterogeneous skills must choose how much knowledge to acquire and may produce on their own or in organizations. Our...