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management practices and skills in hospitals across nine countries. We find that hospitals that are closer to universities … offering both medical education and business education have higher management quality, more MBA trained managers and lower …
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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...
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