profitable and faster growing. For example, if they are trusted, managers can delegate decisions to employees with confidence … relationships, in particular trust, allow managers to arrange a business in a more productive way; high-trust firms are both more …

When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition … may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … received ample theoretical attention, empirical evidence is scarce, mainly because preferences of managers are typically …

We use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity … equal, managers who themselves played at a higher level raise the productivity of less-skilled teams by more than that of … subordinates the skills needed to succeed, since less skilled players have more to learn. We also find that managers with more …

We use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity … equal, managers who themselves played at a higher level raise the productivity of less-skilled teams by more than that of … subordinates the skills needed to succeed, since less skilled players have more to learn. We also find that managers with more …

When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition … may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … received ample theoretical attention, empirical evidence is scarce, mainly because preferences of managers are typically …