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In most firms, if not all, workers are divided asymmetrically in terms of authority and responsibility. In this paper, we view the asymmetric allocations of authority and responsibility as essential features of hierarchy and examine why hierarchies often prevail in organizations from that...
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study by Morris argued that analysts' (experts') reputational concerns may discourage truthful communication when they try … on communication in a setting where analysts can choose their precision endogenously. Because both misaligned and aligned …
Persistent link: https://www.econbiz.de/10013019964
In most firms, if not all, workers are divided asymmetrically in terms of authority and responsibility. In this paper, we view the asymmetric allocations of authority and responsibility as essential features of hierarchy and examine why hierarchies often prevail in organizations from that...
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