Archive for the ‘management’ Category

Estate Tax and Meritocracy

From a research paper on international management practices and their effect on firm success: One interesting group are the family firms, defined in our research as firms owned by the descendants of the founder… Those that are family owned and family managed (“Family, Family CEO”) have a large tail of badly managed firms, while the [...]

Throw Out Your Management Textbook

For those of you who might have missed slept through Management class, the Hawthorne effect is oft cited study from the early days of scientific management.  Two researchers trying to determine the effect of changes in light output on productivity found that it did not matter what changes they made, productivity improved, presumably because the [...]