Tag
management_quality
3 findings
Firms & operationsManagement-Driven Firm ExpansionTreatment firms that adopted modern management practices successfully opened more production plants in the three years following the start of the experiment than comparison firms.RCTFirms & operationsPrimogeniture Selection Penalty in Family FirmsFamily firms that select CEOs based on primogeniture systematically score lower on management practices than professionalized family firms or non-family enterprises.Observational StudyFirms & operationsProduct Market Competition and Bad Practice SelectionWhereas badly managed firms in competitive economies like the US systematically improve or go bankrupt, low product competition and family ownership in developing countries allow badly managed firms to survive, skewing overall average management scores downwards.Observational Study