Quality of Management of Firms in Turkey
Ximena Del Carpio () and
Temel Taskin
No 31003237, Jobs Group Papers, Notes, and Guides from The World Bank
Abstract:
This paper examines the quality of management practices in Turkey and its relation to other firm-level characteristics such as firm performance, competition, and type of ownership. A key finding is that management quality is positively correlated with productivity and quality of jobs across subsectors of manufacturing. But the average score of management quality in Turkey is relatively low compared to peer countries. Factors such as firm size, level of human capital of the workforce, export intensity of the firm, openness to international markets, level of hierarchy in decision making, and degree of managerial autonomy are found to be important determinants of managerial practices in Turkey. Thus, improvements in these dimensions, through relevant policies and incentives, can have a positive effect on the quality of firm management going forward.Such improvements in management practices—particularly in the two dimensions whereTurkey scores lowest: monitoring and targeting—can have positive effects on firmperformance and lead to increases in the creation of quality jobs.
Keywords: paper issue; management operation; per capita income level; human capital of worker; regional per capita income; higher level of education; lack of knowledge; human resource management; journal of finance; improvements in management; quality of job; impact of competition; flexible labor market; privileges and immunity; principal component analysis; product market competition; underdeveloped financial market; Rule of Law; intensity of competition; quality assurance process; types of firms (search for similar items in EconPapers)
Pages: 24
Date: 2019-04-01
New Economics Papers: this item is included in nep-ara, nep-bec and nep-hrm
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http://documents.worldbank.org/curated/en/38352155 ... t-of-Firms-in-Turkey
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:jbsgrp:31003237
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