10 Years of the World Management Survey: Lessons and Next Steps
How Much Does Management Affect Productive Performance? New Insights from a semi-nonparametric Analysis of the World Management Survey
It remains a challenge to demonstrate the effects of management for improving performance beyond simply relying on case studies and anecdotal evidence. The World Management Survey presents a unique opportunity to look more closely at the relationship between management and performance. This paper critiques prior research and offers alternative semi-nonparametric estimation techniques. Findings reveal that the effect of management vary significantly across countries, that some management practices are more important than others, and that management has a significant effect on output, even in a cross-sectional analysis.