Other researchers’ work

Here you will find work from other researchers who use the World Management Survey. If you have a paper you think should be here, please send it to us and we can add it to this page.

Manufacturing papers
The role of management practices in acquisitions and the FDI location decision

Marcus Biermann, 2021
Accepted for Publication at the Review of International Economics
This paper investigates how management practices as intangible transfers are associated with the performance of multinational business groups. Differences in the management level across source countries are predictive for multinationals’ investment patterns for a given destination country. This study argues that acquisitions are a means to transplant management practices from parents to affiliates abroad. It finds that better-managed parents decrease employment and increase productivity post-acquisition. The productivity gains are driven by targets with less developed management practices and by targets of larger parents. Better-managed parents are also more likely to install or retain a manager from the home country post-acquisition.


The optimal use of management

Robin C. Sickles, Kai Sun, and Thomas P. Triebs, 2021
Economy Inquiry
We analyze the management input from the perspective of shadow cost minimization. Using Bloom and Van Reenen’s management measure, we estimate management’s shadow price, dual Morishima elasticities of substitution, and relative price efficiencies. We find that the shadow price of management is about 1.3 million US dollars. Management is a weak dual complement for labor but a strong dual complement for capital. Increases in management reduce the relative income share of labor but not capital. Most firms use too little management, but relative use of management improves over time, with the combination of ownership and control, and competition.


Modern management and the demand for technical skill

Yong Suk Lee, 2018
Labor Economics
This paper examines the relationship between modern management practices and the demand for different occupational skills utilizing a unique context in South Korea after the Asian financial crisis. Management practices in South Korea had traditionally emphasized the organizational harmony over individual performance, and firm growth over short-term profits. However, as South Korea opened up to foreign firms after the financial crisis, domestic firms started to adopt western or more “modern” management practices. Using the industry level variation in management practices generated by the average industry management index of five advanced economies (the US, Britain, France, Germany, and Italy), I find that modern management increases the demand for technical skill. Moreover, modern management practices help achieve various organizational changes that utilize information technology. I also find that performance measured as the return on asset increases with modern management practices, and document the complementarity between modern management practices and technical workers in increasing the return on assets. In short, this paper finds that modern management practices may increase the earnings difference between skilled – in particular, technically skilled – and unskilled workers.


Management in production: from unobserved to observed

Thomas Triebs and Subal Kumbhakar, 2018
Journal of Productivity Analysis

Are productivity estimates good proxies for unobserved management? And, does management affect production in a neutral and monotonic fashion as assumed by these proxies? We use Bloom and Van Reenen’s management data to show that two popular proxies, fixed effects and inefficiency scores, correlate with observed management practices. We find that the correlations are positive but weak. Also, management explains only a fraction of the proxies’ variances. The data rejects the assumptions of neutrality and monotonicity. Last, our results suggest that management has characteristics both of a technology and an input.


Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy

Harald Hau, Yi Huang, Gewei Wang, 2018
Working paper

The large regional variation in minimum wage levels in the period 2002-08 in China
implies that Chinese manufacturing firms experienced competitive shocks as a function of firm location and their low-wage employment share. We find that minimum
wage hikes accelerate the input substitution from labor to capital, reduce employment growth and accelerate total factor productivity growth–particularly among the less productive firms under private Chinese or foreign ownership, but not among state-owned enterprises. The heterogeneous firm response to labor cost shocks can be explained by differences in management practices, and suggests that management quality and competitive pressure are complementary.


The Brain Gain of Corporate Boards: Evidence from China

M Giannetti, G Liao and X Yu, 2015
Published in Journal of Finance

We study the impact of directors with foreign experience on firm performance in
emerging markets. Using a unique data set from China, we exploit the introduction
of policies to attract talented emigrants and increase the supply of individuals with foreign experience in different provinces at different times. We document that performance increases after firms hire directors with foreign experience and identify the channels through which the emigration of talent may lead to a brain gain. Our findings provide evidence on how directors transmit knowledge about management practices and corporate governance to firms in emerging markets.


Foreign Direct Investment, Source Country Heterogeneity and Management Practices

Fredrik Heyman, Pehr-Johan Norbäck and Rickard Hammarberg 2014

This paper examines whether and, if so, why source country heterogeneity exists in foreign direct investment (FDI). Using detailed data on all Swedish firms for the period from 1996 to 2009, we find statistical evidence that affiliate performance differs systematically across source countries. For instance, affiliates of US multinational enterprises (MNEs) are, on average, approximately three times more productive than affiliates headquartered in the Nordic countries. One possible explanation for these discrepancies is differences in organization practices across source countries. Using new firm-level data from the World Management Survey to estimate a global index of the quality of management practices for MNEs with headquarters in our source countries of interest, we find that source country heterogeneity in affiliate performance is highly correlated with differences in management practices.


Productivity with general indices of management and technical change

T. P. Triebs and S. C. Kumbhakar, 2013
Published in Economic Letters

This paper proposes a model of production where technical change is both time and management induced. The authors define a general management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog production function. Time and management induced technical change are then defined in terms of these general indices. For comparison, the authors also consider models in which time and management are specified as continuous variables. We report empirical results for a sample of manufacturing firms in the US, UK, Germany and France.


Manufacturing reports
Management Matters: New Zealand

Ministry of Economic Development, New Zealand, 2010

This report, commissioned by the Ministry of Economic Development (MED) and undertaken by Professor Roy Green and Dr. Renu Agarwal from University of Technology Sydney, benchmarks management practices in New Zealand manufacturing firms against other countries.


Management Matters: Australia

Department of Innovation, Industry, Science and Research, Australia, 2009

This report, commissioned by the Department of Innovation, Industry, Science and Research (DIISR) and undertaken by Professor Roy Green and Dr. Renu Agarwal from University of Technology Sydney, benchmarks management practices in Australia manufacturing firms against other countries.


Management Matters: Canada

Institute for Competitiveness & Prosperity, 2009

This report uses management data to examine the relationship between management capabilities and productivity and innovation in the manufacturing sector in Canada and in Ontario.


Management Matters: Northern Ireland and Republic of Ireland

Department of Enterprise Trade and Investment, InvestNI, the Department for Employment and Learning, Intertrade Ireland, Forfas and the Management Development Council, 2009

This report, commissioned by the Department of Enterprise Trade and Investment, InvestNI, the Department for Employment and Learning, Intertrade Ireland, Forfas and the Management Development Council, looks at management practices in Northern Ireland and the Republic of Ireland and compare managerial skills in manufacturing firms with those in Great Britain and other countries.


Non-profit papers & reports
Do Management Practices Affect the Economic Performance of Firms Located in Southeast Wisconsin, USA

Gary F. Keller, 2009

Historically, businesses in southeast Wisconsin enjoyed decades of prosperity when the region was a manufacturing center from approximately the 1880s to the early 2000s. Since the late 1980s the area’s economy has been plagued with high unemployment due to the loss of many manufacturing companies. The purpose of this quantitative study was to determine whether a firm’s management practices were related to its economic performance defined as increases/decreases in the number of employees. A review of the relevant peerreviewed, scholarly and industry related literature concerning management practices and their affect on the performance of businesses was conducted. The outcome of the literature review demonstrated that management practices have a direct impact on firm performance. The literature was replete in demarcating management theory and financial measurements. However, few if any scholars have been able to demonstrate a connection between the two elements due to the inability to a reliable methodology to connect the most vital management practices to economic performance. As a consequence, economists, financial analysts and accountants have utilized the most reliable and acceptable measures available, fiscal ratios, balance sheets and etc. However, Bloom and Van Reenen (2007) provided a methodology and survey tool to illuminate the correlation between management decisions and firm economic performance. The author of this study composed a survey composed of 15 general firm identifier questions and 18 management practices defined by Bloom and Van Reenen (2007) as operations, monitoring, targets and incentives and sent it to the chief executive officers of all 682 qualified for-profit manufacturing and service firms in southeast Wisconsin. Upon analysis of the survey data, it was determined that each of the four null hypotheses in this study could not be rejected. However, an examination of the survey data based upon firm ownership type demonstrated that management practices had a significant effect on the economic performance of family owned and operated firms as well as privately owned firms in southeast Wisconsin at the .007 level of significance.


Management Practices: Are not-for-profits different?

Josse Delfgaauw, Robert Dur, Carol Propper, Sarah Smith, 2012

This paper focus on management practices in not-for-profits and examine how they compare with for-profits in the same industry. Findings suggest that not-for-profits have worse management practices but performance as well as for-profits in terms of productivity and quality.


Comparing The Affects Of Management Practices On Organizational Performance Between For-Profit And Not-For-Profit Corporations In Southeast Wisconsin

Gary F. Keller, 2011
Published in the Journal of Business & Economics Research

This paper investigates the link between management practices and performance of for-profit and not-for-profit firms in Southeast Wisconsin.


Public sector papers
Management Practices and the Quality of Care in Cardiac Units

K. John McConnell, Richard Lindrooth, Douglas Wholey, Thomas Maddox, Nicholas Bloom, 2013
Published in the Journal of American Medical Association Internal Medicine

This paper describes the variation in management practices among a large sample of 597 hospital cardiac care units, assesses the association of these practices with processes of care, readmissions, and mortality for patients with acute myocardial infarction (AMI), and suggests specific directions for the testing and dissemination of health care management approaches.


Management practices in substance abuse treatment programs

John McConnell, Kim Hoffman, Andrew Quanbeck, Denis McCarty, 2009
Published in the Journal of Substance Abuse Treatment

This paper looks at management measures from interviews of physicians and managers in around 150 drug and alcohol addiction treatment centres in the US. It finds a significant association between better management practices and days to treatment admission.


Herding cats? Management and university performance

John McCormack, Carol Propper, Sarah Smith, 2013
Published in the Economic Journal

Using a tried and tested measure of management practices which has been shown to predict firm performance, we survey nearly 250 departments across 100+ UK universities. We find large differences in management scores across universities and that departments in older, researchintensive universities score higher than departments in newer, more teaching-oriented universities. We also find that management matters in universities. The scores, particularly with respect to provision of incentives for staff recruitment, retention and promotion, are correlated with both teaching and research performance conditional on resources and past performance. Moreover, this relationship holds for all universities, not just research-intensive ones.


Management of Bureaucrats and Public Service Delivery: Evidence from the Nigerian Civil Service

Imran Rasul, Daniel Rogger, 2013

We study how the management practices bureaucrats operate under relate to the quantity and quality of public services delivered. We do so exploiting data from the Nigerian Civil Service. For 4700 public sector projects, we have hand-coded independent engineering assessments of project completion rates and delivered quality. We supplement this with a survey eliciting management practices for bureaucrats in the 63 civil service organizations responsible for these projects, building on Bloom and Van Reenen [2007]. Management practices matter: a one standard deviation increase in bureaucrat’s autonomy signi…cantly increases project completion rates by 18%; a one standard deviation increase in practices related to incentives/monitoring of bureaucrats signi…cantly lowers project completion rates by 14%. We show the negative impacts of incentive provision/monitoring arise because bureaucrats multi-task and incentives are poorly targeted, and because these management practices capture elements of subjective performance evaluation that leave scope for dysfunctional responses from bureaucrats. To support a causal interpretation of our …ndings, we document the determinants of management practices and examine channels through which organizations might endogenously adjust management practices. Our results provide novel insights into how changes in how bureaucrats are managed can have potentially large impacts on public service delivery in a developing country context