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Innovation activities at firm-level are often significantly influenced by factors that determine the outcome of the innovation process. The primary aim of this paper is to study and empirically verify...
CREDIT WITHIN THE FIRM     Implicit contracts  tenure pro       2015/7/23
We use variation in the degree of development of local credit markets and matched employeremployee data to assess the role of the rm as an internal credit market. We nd that rms operating in less ...
The Firm as an Incentive System     Firm  Incentive System       2015/7/21
The Firm as an Incentive System.
The Internal Politics of the Firm.
We study the determinants and consequences of family-friendly workplace practices (FFWP) using a sample of over 450 manufacturing firms in Germany, France, U.K., and U.S. We find a positive correlatio...
Analysing the new IFS-Leverhulme database on over 200 major British ®rms since 1968 we show that patents have an economically and statistically signi®cant impact on ®rm-level productivi...
From time to time a dominant firm, however innovative or competitive it may once have been, loses the capability advantages that brought it earlier success. This does not necessarily mean that the dom...
While the majority of research on competitive dynamics examines competitive moves in aggregated repertoires, recent work has started to deal with patterns in moves over time. Such work on competitive ...
Using a detailed database of managerial job descriptions, reporting relationships, and compensation structures in over 300 large U.S. firms, we find that firm hierarchies are becoming flatter. The num...
Do multidivisional firms structure compensation contracts for division managers to mitigate incentive problems in their internal capital markets? I find evidence that compensation and investment incen...
This article provides a longitudinal case study of the use of acquisitions by the Anglo-Dutch multinational Unilever to build the world's largest ice cream and tea businesses. The study supports recen...
Using a detailed database of managerial job descriptions, reporting relationships, and compensation structures in over 300 large U.S. firms, we find that firm hierarchies are becoming flatter. The num...
Corporate Dividend Dynamics at the Firm Level.
This paper establishes a causal effect of product market competition on various characteristics of organizational design. Using a unique panel-dataset on firm hierarchies of large U.S. firms (1986-199...

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