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We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10012760042
that it accounts for both the large share of a small number of firms in sales around the world and for zeros in bilateral …
Persistent link: https://www.econbiz.de/10013066573
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...
Persistent link: https://www.econbiz.de/10013067063
and economically sound public fund management practices in these funds, as well as how to evaluate their governance and … finance literature, we also link their management to governance practices and country-specific characteristics, and contrast …
Persistent link: https://www.econbiz.de/10012771671
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across … recent work on management practices. Our preliminary results suggest that about a quarter of cross-country and within …-country TFP gaps can be accounted for by management practices. Management seems to matter both qualitatively and quantitatively …
Persistent link: https://www.econbiz.de/10013054045
For the last decade we have been using double-blind survey techniques and randomized sampling to construct management … worse managed than those in several other developed countries. We also find substantial variation in management practices … product market competition and higher worker skills are associated with better management practices. Less regulated labor …
Persistent link: https://www.econbiz.de/10013037184
We develop a dynamic equilibrium model of labor demand with adverse selection. Firms learn the quality of newly hired workers after a period of employment. Adverse selection makes it costly to hire new workers and to release productive workers. As a result, firms hoard labor and under-react to...
Persistent link: https://www.econbiz.de/10013108250
In this handbook of labor economics chapter we examine the relationship between Human Resource Management (HRM) and … literature on management practices and productivity. We start with some facts on levels and trends of both HRM and productivity …
Persistent link: https://www.econbiz.de/10013069842
Personnel economics drills deeply into the firm to study human resource management practices like compensation, hiring … are teams used most effectively? How should all these human resource management practices, from incentive pay to teamwork …
Persistent link: https://www.econbiz.de/10012773211
needs and management of their workforce when making financing decisions …
Persistent link: https://www.econbiz.de/10012909869