Showing 1 - 10 of 274
Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing … plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within … the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as …
Persistent link: https://www.econbiz.de/10011641779
Persistent link: https://www.econbiz.de/10010519834
Using the management and operational practices survey in the Russian Federation, this paper finds that an average … Russian manufacturing firm adopts 43 percent of the structured management practices (a score of 0.43), a value that is far …, where a large share of firms adopt few structured management practices and only 3.5 percent of them have a score over 0 …
Persistent link: https://www.econbiz.de/10012114122
Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
Persistent link: https://www.econbiz.de/10011758401
Persistent link: https://www.econbiz.de/10009766993
Persistent link: https://www.econbiz.de/10012798248
It is not possible for a formal employment contract to detail everything an employee should do and when. Informal relationships, in particular trust, allow managers to arrange a business in a more productive way; high-trust firms are both more profitable and faster growing. For example, if they...
Persistent link: https://www.econbiz.de/10014290491
Persistent link: https://www.econbiz.de/10000550837
Persistent link: https://www.econbiz.de/10000167946