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Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing … plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within … the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as …
Persistent link: https://www.econbiz.de/10011641779
Although trust is fundamental to social and organizational functioning, the media often portray managers as distrusting, suggesting that distrust of others is a typical personality variable of successful leaders. This study puts the cliché of the distrustful manager to the test. Both selfreport...
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Using the management and operational practices survey in the Russian Federation, this paper finds that an average … Russian manufacturing firm adopts 43 percent of the structured management practices (a score of 0.43), a value that is far …, where a large share of firms adopt few structured management practices and only 3.5 percent of them have a score over 0 …
Persistent link: https://www.econbiz.de/10012114122
Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
Persistent link: https://www.econbiz.de/10011758401
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10011864551
management practices and skills in hospitals across nine countries. We find that hospitals that are closer to universities … offering both medical education and business education have higher management quality, more MBA trained managers and lower …
Persistent link: https://www.econbiz.de/10011901862
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year …-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational … outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to …
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