How do geographic frictions affect firm organization? We show theoretically and empirically that geographic frictions increase the use of middle managers in multi-establishment firms. In our model, we assume that a CEO's time is a resource in limited supply, shared across headquarters and...

How do geographic frictions affect firm organization? We show theoretically and empirically that geographic frictions increase the use of middle managers in multi-establishment firms. In our model, we assume that the time of the CEO of a firm is a resource of limited supply that is shared among...

pt. I. The micro-foundations of economic organization : extending behavioral assumptions on knowledge, interest, and rationality -- pt. II. The constitution of economic organization between interacting and contracting -- pt. III. The shaping of economic organization between design and evolution...