Academic Commons

Articles

The Quality of Managers in Centralized Versus Decentralized Organizations

Stiglitz, Joseph E.; Sah, Raaj Kumar

Our objective here is to examine how the centralization or decentralization of decision-making authority affects the quality of the managers who are actually selected. This question is naturally dynamic because the quality of current managers is not only influenced by that of past managers, but it, in turn, affects the quality of future managers.

Files

Also Published In

Title
Quarterly Journal of Economics
DOI
https://doi.org/10.2307/2937917

More About This Work

Academic Units
Business
Published Here
June 20, 2012
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.