The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Why Do Management Practices Differ across Firms and Countries?
Open accessAbstract
Economists have long puzzled over the astounding differences in productivity between firms and countries. In this paper, we present evidence on a possible explanation for persistent differences in productivity at the firm and the national level—namely, that such differences largely reflect variations in management practices. We have, over the last decade, undertaken a large survey research program to systematically measure management practices across firms, industries, and countries. Our survey approach focuses on aspects of management like systematic performance monitoring, setting appropriate targets, and providing incentives for good performance. We explain how we measure management; identify some basic patterns in our data; then turn to the question of why management practices vary so much across firms and nations. What we find is a combination of imperfectly competitive markets, family ownership of firms, regulations restricting management practices, and informational barriers allow bad management to persist.
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Cites
Legal Determinants of External Finance
LA PORTA, R., LOPEZ‐DE‐SILANES, F., SHLEIFER, A., & VISHNY, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb02727.x · Cited by 9,783
Export Versus FDI with Heterogeneous Firms
Helpman, E., Melitz, M. J., & Yeaple, S. R. (2004) · American Economic Review · doi:10.1257/000282804322970814 · Cited by 4,030
On the Size Distribution of Business Firms
Lucas, R. E. (1978) · The Bell Journal of Economics · doi:10.2307/3003596 · Cited by 3,236
Syverson, C. (2011) · Journal of Economic Literature · doi:10.1257/jel.49.2.326 · Cited by 2,942
Measuring and Explaining Management Practices Across Firms and Countries
Bloom, N., & Van Reenen, J. (2007) · The Quarterly Journal of Economics · doi:10.1162/qjec.2007.122.4.1351 · Cited by 2,373
Self-citationAmericans Do IT Better: US Multinationals and the Productivity Miracle
Bloom, N., Sadun, R., & Reenen, J. V. (2012) · American Economic Review · doi:10.1257/aer.102.1.167 · Cited by 1,028
Self-citation“Market Structure and Productivity: A Concrete Example”
Syverson, C. (2004) · Journal of Political Economy · doi:10.1086/424743 · Cited by 683
Cited by
Syverson, C. (2011) · Journal of Economic Literature · doi:10.1257/jel.49.2.326 · Cited by 2,942
Does Management Matter? Evidence from India *
Bloom, N., Eifert, B., Mahajan, A., McKenzie, D., & Roberts, J. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjs044 · Cited by 1,418
Self-citationOslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition
OECD, & Eurostat (2018) · The Measurement of Scientific, Technological and Innovation Activities · doi:10.1787/9789264304604-en · Cited by 1,307
A dynamic capabilities-based entrepreneurial theory of the multinational enterprise
Teece, D. J. (2014) · Journal of International Business Studies · doi:10.1057/jibs.2013.54 · Cited by 1,300
Human Capital and Regional Development *
Gennaioli, N., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjs050 · Cited by 1,082
Metadata
- Authors
- Bloom, N., & Van Reenen, J.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2010-02-01
- Volume
- 24
- Issue
- 1
- Pages
- 203-224
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2164505476
- Cited by
- 1,617
- References
- 7
- FWCI
- 171.10
- Type
- journal article
- Language
- en
- Open access
- bronze
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