Braginskij, Sergej V.; Ohyama, Atsushi; Okazaki, Tetsuji; … - 2014
We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …
