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related to the change in their management performance. We use new and unique data from a recent large scale firm survey of … management practices in Germany. We calculate management scores for firms as in Bloom et al. (2013), which indicate how … structured management is in a given firm. We find that switching into exporting, and to a lesser degree opening up affiliates …
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Based on a novel dataset, the "German Management and Organizational Practices" (GMOP) Survey, we calculate … establishment specific management scores following Bloom and van Reenen as indicators of management quality. We find substantial … heterogeneity in management practices across establishments in Germany, with small firms having lower scores than large firms on …
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This paper provides a rationale for the coexistence of different systems of corporate governance based on the multitude of agency problems typically to be governed within a given firm. Because there are complementarity and substitution relationships between governance instruments, specific...
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monitor management are attenuated because monitoring shifts some of the firm's risk from management to owners. This …
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