, decentralization outperforms centralization in the initial phase of the product lifecycle, centralization is superior in the … 2000, Delmastro 2002, Acemoglu et al. 2007). We find decentralization dominates for products with short lifecycles but in … intermediate phase, and decentralization outperforms again at the final phase. Thus organizational change also appears to be a …

mainly for governmental decentralization. Although this pyramids structure, with intermediate layers, support to minimize … earnings management on SOE after governmental decentralization. We further investigate on whether pyramidal structure is …

system takes less time than the decentralized system to create coordination among constituent parts. Decentralization is …

. Decentralization increases social welfare …

-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …