Showing 1 - 10 of 551
We model differentiated product pricing by firms that possess private information about serially-correlated state variables, such as their marginal costs, and can use prices to signal information to rivals. In a dynamic game, signaling can raise prices significantly above static complete...
Persistent link: https://www.econbiz.de/10012496143
the composition of top management teams when a key member of the team (the CEO) departs. Our empirical analysis … establishes several facts that are consistent with co-worker complementarity being an important determinant of management team …
Persistent link: https://www.econbiz.de/10012468343
We study the processes of firm growth in the evolution of the Japanese cotton spinning industry during 1883-1914 by integrating strategy and historical approaches and utilizing rich quantitative firm-level data and detailed business histories. The resultant conceptual model highlights growth...
Persistent link: https://www.econbiz.de/10012452978
explain differences in the rate of human capital accumulation on the job. Data tracking national soccer team performance and … individual has been a member of an elite team than when he has been a member of lower level teams. The conclusion is borne out by … a rich set of complementary data on: national team performance, player-level performance, performance of foreign players …
Persistent link: https://www.econbiz.de/10012458190
10% of boss quality with one who is in the upper 10% of boss quality increases a team's total output by more than would … adding one worker to a nine member team. Workers assigned to better bosses are less likely to leave the firm. A separate …
Persistent link: https://www.econbiz.de/10012460346
show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities … 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 …
Persistent link: https://www.econbiz.de/10012460812
This paper develops a novel method to identify the causal contribution of managers to team performance. The method … someone who consistently causes their team to produce more than the sum of their parts. Good managers have roughly twice the … impact on team performance as good workers. People who nominate themselves to be in charge perform worse than managers …
Persistent link: https://www.econbiz.de/10014635662
This paper examines two potential channels of knowledge acquisition that underlie firm productivity growth in the Taiwanese electronics industry: participation in the export market and investments in R&D and/or worker training. We focus on the argument that a firm's own investments in R&D are...
Persistent link: https://www.econbiz.de/10012466897
Biotechnology companies rely heavily on alliances with pharmaceutical companies to finance their research and development expenditures, and pharmaceutical firms rely heavily on alliances to supplement their internal research and development. Previous studies suggest that asymmetric information...
Persistent link: https://www.econbiz.de/10012469706
The fundamental unit of production in microeconomics is the firm, and this mirrors reality in the United States and United Kingdom. But elsewhere, business groups can be the more important unit, for business strategy is often formulated at the business group level, not the firm level. In many...
Persistent link: https://www.econbiz.de/10012464733