The Experts below are selected from a list of 9 Experts worldwide ranked by ideXlab platform
Thierry Verdier - One of the best experts on this subject based on the ideXlab platform.
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Power inside the firm and the market: A general equilibrium approach
Journal of the European Economic Association, 2008Co-Authors: Dalia Marin, Thierry VerdierAbstract:Recent years have witnessed an enormous amount of reorganization of the corporate sector in the United States and Europe. This article examines the role of market competition in this trend of corporate reorganization. We find that, at intermediate levels of competition, the CEO of the corporation decides to have less power inside the firm and to delegate control to lower levels of the Firms' Hierarchy. Workers' empowerment and the move to a flatter organizational structure emerge as an equilibrium when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries become more integrated in the global economy as the corporate sector reorganizes in response to an increase in international competition.
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power inside the firm and the market a general equilibrium approach
Journal of the European Economic Association, 2008Co-Authors: Dalia Marin, Thierry VerdierAbstract:Recent years have witnessed an enormous amount of reorganization of the corporate sector in the US and in Europe. This paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower levels of the Firms’ Hierarchy. Thus, workers empowerment and the move to flatter firm organizations emerge as an equilibrium when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries become more integrated into the world economy as the corporate sector reorganizes in response to an increase in international competition.
Dalia Marin - One of the best experts on this subject based on the ideXlab platform.
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Power inside the firm and the market: A general equilibrium approach
Journal of the European Economic Association, 2008Co-Authors: Dalia Marin, Thierry VerdierAbstract:Recent years have witnessed an enormous amount of reorganization of the corporate sector in the United States and Europe. This article examines the role of market competition in this trend of corporate reorganization. We find that, at intermediate levels of competition, the CEO of the corporation decides to have less power inside the firm and to delegate control to lower levels of the Firms' Hierarchy. Workers' empowerment and the move to a flatter organizational structure emerge as an equilibrium when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries become more integrated in the global economy as the corporate sector reorganizes in response to an increase in international competition.
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power inside the firm and the market a general equilibrium approach
Journal of the European Economic Association, 2008Co-Authors: Dalia Marin, Thierry VerdierAbstract:Recent years have witnessed an enormous amount of reorganization of the corporate sector in the US and in Europe. This paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower levels of the Firms’ Hierarchy. Thus, workers empowerment and the move to flatter firm organizations emerge as an equilibrium when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries become more integrated into the world economy as the corporate sector reorganizes in response to an increase in international competition.
Tomohiko Konno - One of the best experts on this subject based on the ideXlab platform.
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network structure of japanese Firms Hierarchy and degree correlation analysis from 800 000 Firms
Research Papers in Economics, 2008Co-Authors: Tomohiko KonnoAbstract:We found hierarchical structure and negative degree correlation in Firms' transaction network. The network consists of 800,000 Japanese Firms. We also summarize other features of the network and discuss why studying network structure is important. We also found scale free distribution in undirected network. Paper submitted to the special issue “Reconstructing Macroeconomics” (http://www.economics-ejournal.org/special-areas/special-issues)