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We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
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We survey the theoretical and empirical literature on decentralization within firms. We first discuss how the concept of incomplete contracts shapes our views about the organization of decision-making within firms. We then overview the empirical evidence on the determinants of decentralization...
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Blockchain and its related concept of decentral autonomous organization (DAO) is starting to influence project management. But how might project management supported by blockchain technology look like? And how would such a new form change and affect traditional project management? Not many...
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There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range of theories to account for delegation, but there is less empirical evidence, especially across countries. This...
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All three chapters of this dissertation study different aspects of internal organization, and two of the chapters go a step further to understand how decisions within the firm impact markets outside the firm.The first chapter of this dissertation studies empirically how worker task assignments...
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