What Causes the Differences in Management Practices between US and UK? An Application of Decomposition Analysis on Firms across Countries

作者：Yi Su; Baoding Liu; Dan Li

来源：Theoretical Economics Letters, 2018, 8(10): 1684-1700.

DOI：10.4236/tel.[phone]

The aim of this study is to examine what makes thedifferences of management practices between the United States and the UnitedKingdom using decomposition analysis. First, this study analy zes the determinants ofmanagement practices, and does the empirical research. Determinants ofmanagement practices are concluding product market competition, ownership, firmage, human resources (education, working hours, and payment). Essentially weargue that the differences (if any) between US and UK’s management practicescan be expanded by product market competition and education. The resultsdemonstrate that education (managers’ degree and employees’ degree) is positively correlated with management practicegap, but the impact of competition on management practices gap is negative. Inparticular, em ployees’ degree variables explained approximately 70% ofthe management gap.

• 出版日期2018
• 单位哈尔滨工程大学