Live Breaking News & Updates on Harun Alp Of The University Pennsylvania

By Mike Cummings
January 13, 2021
Share this with FacebookShare this with TwitterShare this with LinkedInShare this with EmailPrint this
Workers at a textile company in India. (Photo credit: Vestal McIntyre)
In today’s economy, American businesses often tap into professional management to grow. But most firms in India and other developing countries are family owned and often shun hiring non-relatives to manage their companies. A new study co-authored by Yale economist Michael Peters explores the effects that the absence of outside professional management has on India’s businesses and the country’s economy.
The study, published in the American Economic Review, uses a novel model to compare the relationship between the efficiency of outside managers and firm growth in the United States and India. It shows that the lack of managerial delegation factors significantly into why businesses in India tend to stay small and has wider implications on the country’s ....

United States , Michael Peters , Ufuk Akcigit , Harun Alp Of The University Pennsylvania , Ford Motor Co , Yale Economic Growth Center , University Of Chicago , Lego Group , Economic Growth Center , American Economic Review , Harun Alp , Economic Growth , Yale University , Press Releases , ஒன்றுபட்டது மாநிலங்களில் , மைக்கேல் பீட்டர்ஸ் , ஹருன் ஆல்ப் ஆஃப் தி பல்கலைக்கழகம் பென்சில்வேனியா , ஃபோர்ட் மோட்டார் இணை , யேல் பொருளாதார வளர்ச்சி மையம் , பல்கலைக்கழகம் ஆஃப் சிகாகோ , லெகோ குழு , பொருளாதார வளர்ச்சி மையம் , அமெரிக்கன் பொருளாதார விமர்சனம் , ஹருன் ஆல்ப் , பொருளாதார வளர்ச்சி , யேல் பல்கலைக்கழகம் ,