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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
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More from the Authors

    • 2025
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    Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths

    By: Laura Alfaro, Harald Fadinger, Jay Schymik and Gede Virananda
    • 2025
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    Trade Within Multinational Boundaries

    By: Laura Alfaro, Paola Conconi, Fariha Kamal and Zachary Kroff
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    Bank Financing of Global Supply Chains

    By: Laura Alfaro, Mariya Brussevich, Camelia Minoiu and Andrea Presbitero
More from the Authors
  • Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths By: Laura Alfaro, Harald Fadinger, Jay Schymik and Gede Virananda
  • Trade Within Multinational Boundaries By: Laura Alfaro, Paola Conconi, Fariha Kamal and Zachary Kroff
  • Bank Financing of Global Supply Chains By: Laura Alfaro, Mariya Brussevich, Camelia Minoiu and Andrea Presbitero
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