Increasing evidence indicates the importance of management in determining firms' productivity. Yet, causal evidence … regarding the effectiveness of management practices is scarce, especially for high-skilled workers in the developed world. In an … management practices: (i) performance monitoring; (ii) performance feedback; (iii) target setting; and (iv) pro-social incentives …

To understand leadership, it is necessary to understand the purpose of an organization. Organizations are hierarchies … with leaders at the top. Why do we have leaders instead of an algorithm making decisions? The theory of the firm recognizes … specific contributions of leaders. Leadership is the ability to successfully manage transaction costs of an organization …

How much do a manager's interpersonal skills with subordinates, which we call people management skills, affect employee …-measured people management skills have a strong negative relation to employee turnover. A causal interpretation is reinforced by … research designs exploiting new workers joining the firm and managers moving jobs. However, people management skills do not …

Despite the importance placed on supervision in the workplace, little is known about the effects of a boss' leadership … region, high SAT, and undergraduate institution as their bosses who also have strong leadership qualities retain at the …

We show that leadership skill with artificially intelligent (AI) agents predicts leadership skill with human groups. In … "AI leadership test" was strongly correlated (ρ=0.81) with their causal impact as leaders of human teams, which we … greatly simplifies the measurement of leadership and teamwork skills …

Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms …. It is pervasive around the World, but especially in developing countries. We argue that dynastic management is a … incidence of dynastic management depends on the severity of asset-market imperfections, on the economy's saving rate, and on the …

We examine businesses' financial management of a rare, severe event using detailed firm-level data collected following …