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Organization and Firm Performance in the Czech Republic

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  • Štěpán Jurajda
  • Juraj Stančík

Abstract

Many economic analyses use employer-employee data to compare wage and productivity differentials across demographic groups. We apply this approach to assess the importance of 'organizational' workers, i.e., managing and marketing personnel. The estimates based on 2000-2006 Czech worker-level data augmented with company balance sheet information suggest that these workers are important for company performance and that they are fairly rewarded for their relative productivity in terms of their relative pay. Foreign-owned companies feature higher shares of such workers who are more productive in these firms (relative to other employees) compared to domestically owned companies.

Suggested Citation

  • Štěpán Jurajda & Juraj Stančík, 2013. "Organization and Firm Performance in the Czech Republic," Prague Economic Papers, Prague University of Economics and Business, vol. 2013(1), pages 85-110.
    • Handle: RePEc:prg:jnlpep:v:2013:y:2013:i:1:id:442:p:85-110
    DOI: 10.18267/j.pep.442
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    Cited by:

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    2. Michael Moritz & Bastian Stockinger & Merlind Trepesch, 2017. "Multinational Resilience or Dispensable Jobs? German FDI and Employment in the Czech Republic Around the Great Recession," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(3), pages 345-359.
    3. Renata Skýpalová & Renata Kučerová & Veronika Blašková, 2016. "Development of the Corporate Social Responsibility Concept in Small and Medium-Sized Enterprises," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(3), pages 287-303.
    4. Ondřej Machek & Jiří Hnilica, 2015. "Hodnocení vlivu zastoupení rodiny ve vlastnické a řídící struktuře firem na jejich finanční výkonnost pomocí metody zkoumání shody párů [Evaluating the Impact of Family Presence in Ownership and Ma," Politická ekonomie, Prague University of Economics and Business, vol. 2015(3), pages 347-362.
    5. Renata Kučerová & Renata Skýpalová & Veronika Blašková, 2015. "Factors Influencing the Implementation of the CSR Concept in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(6), pages 1979-1985.

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    More about this item

    Keywords

    linked employer-employee data; productivity differentials; organizational workers;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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