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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17846 |
来源ID | Working Paper 17846 |
Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management | |
Maria Guadalupe; Hongyi Li; Julie Wulf | |
发表日期 | 2012-02-16 |
出版年 | 2012 |
语种 | 英语 |
摘要 | This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management positions, we explore the relationship between changes in executive team composition, firm diversification, and IT investments--which arguably alter returns to exploiting synergies through corporate-wide coordination by functional managers in headquarters. We find that the number of functional managers closer to the product ("product" functions i.e., marketing, R&D) increase as firms focus their businesses, while the number of functional managers farther from the product ("administrative" functions i.e., finance, law, HR) increase with IT investments. Finally, we show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities from general to functional managers--a phenomenon we term "functional centralization." |
主题 | Microeconomics ; Households and Firms ; Labor Economics ; Labor Compensation ; Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel |
URL | https://www.nber.org/papers/w17846 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575522 |
推荐引用方式 GB/T 7714 | Maria Guadalupe,Hongyi Li,Julie Wulf. Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17846.pdf(260KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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