Do competent managers increase labor productivity? Evidence from Korea

Autor: Donghwan Ahn, Shiyong Yoo, Seungho Cho
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Seonmul yeongu, Vol 31, Iss 3, Pp 242-260 (2023)
Druh dokumentu: article
ISSN: 2713-6647
1229-988X
DOI: 10.1108/JDQS-01-2023-0002/full/pdf
Popis: – This study investigates the effect of managerial ability on labor productivity by analyzing various methods in the firm-year panel data of listed firms in South Korea from 2002 to 2019. Managerial ability was analyzed using the measurement method of Demerjian et al. (2012), while labor productivity was analyzed using value-added and sales. The authors find that managerial ability has a positive effect on labor productivity. In other words, the productivity of employees improves with the appointment of a manager with higher abilities. The study’s findings suggest that firms should consider managerial ability as a means of improving labor productivity.
Databáze: Directory of Open Access Journals