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Turbulence, firm decentralization and growth in bad times
Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017
Persistent link: https://www.econbiz.de/10011901487
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Innovation and institutional ownership
Aghion, Philippe; Van Reenen, John; Zingales, Luigi - 2010
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010272476
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Innovation and Institutional Ownership
Zingales, Luigi; Reenen, John Van; Aghion, Philippe - 2009
Economics
Persistent link: https://www.econbiz.de/10009431998
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In brief: Two cheers for Anglo-Saxon financial markets?
Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Centre for Economic Performance, LSE - 2012
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010549053
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Innovation and Institutional Ownership
Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Centre for Economic Performance, LSE - 2009
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10005670440
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Innovation and Institutional Ownership
Aghion, Philippe; Van Reenen, John; Zingales, Luigi - C.E.P.R. Discussion Papers - 2009
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10005661518
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Innovation and Institutional Ownership
Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Fondazione ENI Enrico Mattei (FEEM) - 2010
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10008642166
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Turbulence, Firm Decentralization and Growth in Bad Times
Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017
decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central …
Persistent link: https://www.econbiz.de/10011653434
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Turbulence, firm decentralization and growth in bad times
Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017
decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central …
Persistent link: https://www.econbiz.de/10011641565
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Technology, information and the decentralization of the firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - London School of Economics (LSE) - 2006
decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly … are more likely to choose decentralization. Using three datasets of French and British firms in the 1990s, we report …
Persistent link: https://www.econbiz.de/10010884642