The international empirics of management.

Autor: Scur D; Dyson School of Applied Economics and Management, SC Johnson College of Business, Cornell University, Ithaca, NY 14853., Ohlmacher S; Federal Reserve Board of Governors, Washington, DC 20551., Van Reenen J; Department of Economics, London School of Economics and Political Science, London WC2A 2AE, United Kingdom., Bennedsen M; Department of Economics, University of Copenhagen, Copenhagen 1172, Denmark., Bloom N; Department of Economics, Stanford University, Stanford, CA 94305., Choudhary A; Loughborough Business School, Loughborough University, Loughborough LE11 3TU, United Kingdom., Foster L; Center for Economic Studies, United States Census Bureau, Suitland, MD 20746., Groenewegen J; Utrecht School of Economics, Utrecht University, Utrecht 3584EC, The Netherlands., Grover A; International Finance Corporation, World Bank Group, Washington, DC 20433., Hardeman S; Utrecht School of Economics, Utrecht University, Utrecht 3584EC, The Netherlands., Iacovone L; Trade, Investment and Competitiveness Global Practice, World Bank Group, Washington, DC 20433., Kambayashi R; Faculty of Economics, Musashi University, Tokyo 1768534, Japan., Laible MC; Federal Office for Migration and Refugees, Nuremberg 90461, Germany., Lemos R; Education Global Practice, World Bank Group, Washington, DC 20433., Li H; Stanford Center on China's Economy and Institutions, Stanford University, Stanford, CA 94305., Linarello A; Directorate General for Economics, Statistics and Research, Bank of Italy, Rome 00184, Italy., Maliranta M; Labour Institute for Economic Research LABORE, Helsinki FI-00100, Finland., Medvedev D; Global Industries, International Finance Corporation, Washington, DC 20433., Meng C; School of Business and Management, Queen Mary University of London, London E1 4NS, United Kingdom., Miles Touya J; Cátedra de Gestión de Alto Desempeño, Universidad Centro Latinoamericano de Economía Humana (CLAEH), Montevideo 11100, Uruguay., Mandirola N; Departament d'Empresa, Facultat d'Economia i Empresa, Universitat de Barcelona, Barcelona 08034, Spain., Ohlsbom R; Suomen Yrittäjät, Helsinki 00240, Finland., Ohyama A; Institute of Innovation Research, Hitotsubashi University, Tokyo 186-8601, Japan., Patnaik M; Department of Economics and Finance, LUISS Guido Carli, Rome 00197, Italy., Pereira-López M; International Finance Corporation, World Bank Group, Washington, DC 20433., Sadun R; Harvard Business School, Harvard University, Boston, MA 02163., Senga T; School of Business and Management, Queen Mary University of London, London E1 4NS, United Kingdom., Qian F; Finance Department, Kenan-Flagler Business School, University of North Carolina at Chapel Hill, Chapel Hill, NC 27599., Zimmermann F; Institute for Employment Research, Nuremberg 90478, Germany.
Jazyk: angličtina
Zdroj: Proceedings of the National Academy of Sciences of the United States of America [Proc Natl Acad Sci U S A] 2024 Nov 05; Vol. 121 (45), pp. e2412205121. Date of Electronic Publication: 2024 Nov 01.
DOI: 10.1073/pnas.2412205121
Abstrakt: A country's national income broadly depends on the quantity and quality of workers and capital. But how well these factors are managed within and between firms may be a key determinant of a country's productivity and its GDP. Although social scientists have long studied the role of management practices in shaping business performance, their primary tool has been individual case studies. While useful for theory-building, such qualitative work is hard to scale and quantify. We present a large, scalable dataset measuring structured management practices at the business level across multiple countries. We measure practices related to performance monitoring, target-setting, and human resources. We document a set of key stylized facts, which we label "the international empirics of management". In all countries, firms with more structured practices tend to also have superior economic performance: they are larger in scale, are more profitable, have higher labor productivity and are more likely to export. This consistency was not obvious ex-ante, and being able to quantify these relationships is valuable. We also document significant variation in practices across and within countries, which is important in explaining differences in the wealth of nations. The positive relationship between firm size and structured management practices is stronger in countries with more open and free markets, suggesting that stronger competition may allow firms with more structured management practices to grow larger, thereby potentially raising aggregate national income.
Competing Interests: Competing interests statement:The authors declare no competing interest.
Databáze: MEDLINE