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Publications
Publications
  • September 26, 2018
  • Article
  • Vox, CEPR Policy Portal

Ownership and Power Structure: Together at Last

By: Laura Alfaro, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, Raffaella Sadun and John Van Reenen
  • Format:Electronic
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Abstract

Economists have largely ignored the deep interdependency between integration and delegation. This column describes a new theory of integration and delegation choices aimed at shedding light on how these distinct elements of organizational design interact. Contrary to what is suggested by a naïve one-dimensional approach, the model predicts that delegation and outsourcing should be negatively correlated, a prediction that holds up well when the model is applied to data for thousands of firms across many industries and countries.

Keywords

Power; Organisational Design; Economics; Ownership; Organizational Design

Citation

Alfaro, Laura, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, Raffaella Sadun, and John Van Reenen. "Ownership and Power Structure: Together at Last." Vox, CEPR Policy Portal (September 26, 2018).
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About The Authors

Laura Alfaro

General Management
→More Publications

Raffaella Sadun

Strategy
→More Publications

More from the Authors

    • 2022
    • Human-Computer Interaction

    How Does Working from Home during COVID-19 Affect What Managers Do? Evidence from Time-Use Studies

    By: Thomaz Teodorovicz, Raffaella Sadun, Andrew L. Kun and Orit Shaer
    • September 2022
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    Health Externalities and Policy: The Role of Social Preferences

    By: Laura Alfaro, Ester Faia, Nora Lamersdorf and Farzad Saidi
    • July 2022
    • Faculty Research

    FIELD Immersion 2022: Lawrence, Massachusetts

    By: Laura Alfaro and Tom Quinn
More from the Authors
  • How Does Working from Home during COVID-19 Affect What Managers Do? Evidence from Time-Use Studies By: Thomaz Teodorovicz, Raffaella Sadun, Andrew L. Kun and Orit Shaer
  • Health Externalities and Policy: The Role of Social Preferences By: Laura Alfaro, Ester Faia, Nora Lamersdorf and Farzad Saidi
  • FIELD Immersion 2022: Lawrence, Massachusetts By: Laura Alfaro and Tom Quinn
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