Results

Journal article

Journal of Political Economy:

CEO Behavior and Firm Performance

We measure the behavior of over 1,100 CEOs in six countries (Brazil, France, Germany, India, UK and US) using a new methodology that combines (i) a survey measuring each activity undertaken in a random work-week by the e...Read more...

Journal article

The Review of Economics and Statistics:

Healthy Business? Managerial Education and Management in Healthcare

We investigate the link between hospital performance and managerial education by collecting a large database of management practices and skills in hospitals across nine countries. We find that hospitals closer to univers...Read more...

CEP discussion paper

Come together: firm boundaries and delegation

We jointly study firm boundaries and the allocation of decision rights within them by confronting an incomplete-contracts model with data on vertical integration and delegation for thousands of firms around the world. In...Read more...

CEP discussion paper

Healthy business? Managerial education and management in healthcare

We investigate the link between hospital performance and managerial education by collecting a large database of management practices and skills in hospitals across nine countries. We find that hospitals that are closer t...Read more...

Journal article

Harvard Business Review:

Why do we undervalue competent management?

Business schools teach MBA students that you can't compete on the basis of management processes because they're easily copied. Operational effectiveness is table stakes in the competitive universe, according to the strat...Read more...

CEP discussion paper

Turbulence, firm decentralization and growth in bad times

What is the optimal form of firm organization during “bad times”? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power fr...Read more...

CEP discussion paper

Management as a technology?

Are some management practices akin to a technology that can explain firm and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 fi...Read more...

CEP occasional paper

International Data on Measuring Management Practices

We examine methods used to survey firms on their management and organizational practices. We contrast the strengths and weaknesses of “open ended questions” (like the World Management Survey) with “closed questions” (lik...Read more...

CentrePiece article

Family business: management effort and firm performance

Might familyowned, familyrun firms be a serious obstacle to productivity growth in Europe? Oriana Bandiera, Andrea Prat and Raffaella Sadun have collected time use data on over 1,000 chief executive officers to explore d...Read more...

CEP discussion paper

Does Management Matter In Schools?

We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with...Read more...

CentrePiece article

In brief - New technology: who wins, who loses?

Technology has transformed the once powerful office of ambassador into a glorified sales position, while nurses, teaching assistants and medical technicians all benefit from the ICT revolution. According to an empirical ...Read more...

CEP occasional paper

The new empirical economics of management

Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP diff...Read more...

CEP discussion paper

Managing the Family Firm: Evidence from CEOs at Work

We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs’ diaries in a detailed and com...Read more...

CEP discussion paper

What Do CEOs Do?

We develop a methodology to collect and analyze data on CEOs’ time use. The idea - sketched out in a simple theoretical set-up - is that CEO time is a scarce resource and its allocation can help us identify the firm’s pr...Read more...

CEP discussion paper

Matching Firms, Managers, and Incentives

We exploit a unique combination of administrative sources and survey data to study the match between firms and managers. The data includes manager characteristics, such as risk aversion and talent; firm characteristics, ...Read more...

CEP discussion paper

Span of Control and Span of Activity

For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies w...Read more...

Journal article

American Economic Review:

Americans do IT better: US multinationals and the productivity miracle

US productivity growth accelerated after 1995 (unlike Europe's), particularly in sectors that intensively use information technologies (IT). Using two new micro panel datasets we show that US multinationals operating in ...Read more...

CEP discussion paper

Management Practices Across Firms and Countries

For the last decade we have been using double-blind survey techniques and randomized sampling to construct management data on over 10,000 organizations across twenty countries. On average, we find that in manufacturing A...Read more...

CentrePiece article

In brief: Hospital performance: the impact of good management

CEP research highlights the potential role of improving the quality of hospital management for raising productivity in the UK healthcare sector...Read more...

CEP discussion paper

Recent Advances in the Empirics of Organizational Economics

We present a survey of recent contributions in the empirical organizational economics, focusing on management practices and decentralization. Productivity dispersion between firms and countries has motivated the improved...Read more...

CentrePiece article

In brief: Modern Management: Good for the environment or just hot air?

Nick Bloom and colleagues examine whether well-managed firms are more or less energy-efficient than badly managed firms...Read more...

CEP discussion paper

Does Product Market Competition Lead Firms to Decentralize?

There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range of theories to account for delegat...Read more...

CEP occasional paper

Do Private Equity Owned Firms Have Better Management Practices?

We use an innovative survey tool to collect management practice data from over 4,000 medium sized manufacturing firms across Asia, Europe and the US. These measures of managerial practice are strongly associated with fir...Read more...

CEP discussion paper

The Organization of Firms Across Countries

We argue that social capital as proxied by trust increases aggregate productivity by affecting the organization of firms. To do this we collect new data on the decentralization of investment, hiring, production, and sale...Read more...

CEP discussion paper

The Distinct Effects of Information Technology and Communication Technology on Firm Organization

Guided by theories of management by exception, we study the impact of Information and Communication Technology on worker and plant manager autonomy and on span of control. We find, using an original dataset of American a...Read more...

EDS discussion paper

Americans do I.T. Better: US Multinationals and the Productivity Miracle

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CEP discussion paper

Modern Management: Good for the Environment or Just Hot Air?

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these ...Read more...

CentrePiece article

Does planning regulation protect independent retailers?

Raffaella Sadun reveals that planning regulations supposed to 'save the traditional British High Street' have in fact done the opposite....Read more...

CEP discussion paper

Does Planning Regulation Protect Independent Retailers?

Entry regulations against big-box retailers have been introduced in many countries to protect smaller independent stores. Using a new dataset from the UK, I show that in fact these entry regulations have been associated ...Read more...

CentrePiece article

What drives good management around the world?

CEP's global survey of over 4,000 firms reveals huge variations in the quality of management practices...Read more...

CEP discussion paper

Americans Do I.T. Better: US Multinationals and the Productivity Miracle

The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity...Read more...

CEP discussion paper

Productivity and ICT: A Review of the Evidence

We survey the micro and macro literature on the impact of Information and Communication Technologies (ICTs) on productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it e...Read more...

CentrePiece article

It Ain't what You Do, It's the Way that You Do I.T.

It's taken a long time to confirm that computers boost productivity. But as Nick Bloom, Raffaella Sadun and John Van Reenen show, the key to their success seems to lie in management - and that's where US firms have been ...Read more...

EDS discussion paper

Information Technology and Productivity: It ain't what you do it's the way that you do I.T.

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