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When Knowledge is an Asset: Explaining the Organizational Structure of Large Law Firms
Rebitzer, James B.; Taylor, Lowell J. - National Bureau of Economic Research (NBER) - 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/10005085232
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Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management
Guadalupe, Maria; Li, Hongyi; Wulf, Julie - National Bureau of Economic Research (NBER) - 2012
number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive … corporate-wide coordination by functional managers in headquarters. We find that the number of functional managers closer to the …
Persistent link: https://www.econbiz.de/10009493265
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Estimating Management Practice Complementarity between Decentralization and Performance Pay
Hong, Bryan; Kueng, Lorenz; Yang, Mu-Jeung - National Bureau of Economic Research (NBER) - 2015
The existence of complementarity across management practices has been proposed as one potential explanation for the persistence of firm-level productivity differences. However, thus far no conclusive population-level tests of the complementary joint adoption of management practices have been...
Persistent link: https://www.econbiz.de/10011123618
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Making Do With Less: Working Harder During Recessions
Lazear, Edward; Shaw, Kathryn L.; Stanton, Christopher - National Bureau of Economic Research (NBER) - 2013
There are two obvious possibilities that can account for the rise in productivity during recent recessions. The first is that the decline in the workforce was not random, and that the average worker was of higher quality during the recession than in the preceding period. The second is that each...
Persistent link: https://www.econbiz.de/10010969215
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Are Women More Attracted to Cooperation Than Men?
Kuhn, Peter; Villeval, Marie Claire - National Bureau of Economic Research (NBER) - 2013
We conduct a real-effort experiment where participants choose between individual compensation and team-based pay. In contrast to tournaments, which are often avoided by women, we find that women choose team-based pay at least as frequently as men in all our treatments and conditions, and...
Persistent link: https://www.econbiz.de/10011212812
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Firm-Specific Human Capital: A Skill-Weights Approach
Lazear, Edward - National Bureau of Economic Research (NBER) - 2003
One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general...
Persistent link: https://www.econbiz.de/10005718447
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The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy
Lynch, Lisa - National Bureau of Economic Research (NBER) - 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/10005828796
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Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes
Lacetera, Nicola; Larsen, Bradley J.; Pope, Devin G.; … - National Bureau of Economic Research (NBER) - 2013
A large body of research has explored the importance of auction design and information structure for auction outcomes. Much less work has considered the importance of the auction process. For example, in many auctions, auctioneers are present and can impact the process of the auction by varying...
Persistent link: https://www.econbiz.de/10010821660
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Management Practices, Relational Contracts, and the Decline of General Motors
Helper, Susan; Henderson, Rebecca - National Bureau of Economic Research (NBER) - 2014
General Motors was once regarded as one of the best managed and most successful firms in the world, but between 1980 and 2009 its share of the US market fell from 62.6 to 19.8 percent, and in 2009 the firm went bankrupt. In this paper we argue that the conventional explanation for this decline -...
Persistent link: https://www.econbiz.de/10010950676
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Learning from Customers: Individual and Organizational Effects in Outsourced Radiological Services
Huckman, Robert S.; Clark, Jonathan R.; Staats, Bradley R. - National Bureau of Economic Research (NBER) - 2013
The ongoing fragmentation of work has resulted in a narrowing of tasks into smaller pieces that can be sent outside the organization and, in many instances, around the world. This trend is shifting the boundaries of organizations and leading to increased outsourcing. Though the consolidation of...
Persistent link: https://www.econbiz.de/10010951030