Measuring and Explaining Management Practices Across Firms and Countries

Nicholas Bloom and John van Reenen

The Quarterly Journal of Economics, 2007, vol. 122, issue 4, 1351-1408

Abstract: We use an innovative survey tool to collect management practice data from 732 medium-sized firms in the United States, France, Germany, and the United Kingdom. These measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, and survival rates. Management practices also display significant cross-country differences, with U.S. firms on average better managed than European firms, and significant within-country differences, with a long tail of extremely badly managed firms. We find that poor management practices are more prevalent when product market competition is weak and/or when family-owned firms pass management control down to the eldest sons (primogeniture).

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1757)

Downloads: (external link)
http://hdl.handle.net/10.1162/qjec.2007.122.4.1351 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Measuring and Explaining Management Practices Across Firms and Countries (2006)
Working Paper: Measuring and Explaining Management Practices Across Firms and Countries (2006)
Working Paper: Measuring and explaining management practices across firms and countries (2006)
Working Paper: Measuring and Explaining Management Practices Across Firms and Countries (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:122:y:2007:i:4:p:1351-1408.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().