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An Analysis Of Management Practices Across Firm Ownership: The Case Of Standalone Domestic Firms, Domestic Groups And Multinational Enterprises

Author

Listed:
  • JANE BOURKE

    (Spatial and Regional Economics Research Centre, Department of Economics, Cork University Business School, University College Cork, Cork, Ireland)

  • FRANK CROWLEY

    (Spatial and Regional Economics Research Centre, Department of Economics, Cork University Business School, University College Cork, Cork, Ireland)

  • JUSTIN DORAN

    (Spatial and Regional Economics Research Centre, Department of Economics, Cork University Business School, University College Cork, Cork, Ireland)

  • ANTHONY McDONNELL

    (#x2020;Department of Management and Marketing, Cork University Business School, University College Cork, Cork, Ireland)

Abstract

Management practices are important drivers of firm productivity (Bloom et al., 2019). While differences in the formalisation and sophistication of management practices are evident in comparisons of foreign multinationals and domestic firms (Bloom et al., 2012, Bloom and Van Reenen, 2007a, Bloom and Van Reenen, 2010), a striking omission from many studies is the failure to distinguish between domestic firms and domestically-owned multinationals (McDonnell et al., 2014). We merge the World Management Survey with the FAME dataset to examine the influence of firm ownership (standalone domestic firms; domestic groups; domestic owned multinationals; foreign owned multinationals) across a broad range of management practices. Foreign owned multinationals exhibit the highest formalisation and sophistication of management practices compared to all other firm types. However, significant asymmetries exist between different management practices across firm ownership. This is important as it raises questions as to whether there is sufficient learning and transfer of practices taking place across firms.

Suggested Citation

  • JANE BOURKE & FRANK CROWLEY & JUSTIN DORAN & ANTHONY McDONNELL, 2021. "An Analysis Of Management Practices Across Firm Ownership: The Case Of Standalone Domestic Firms, Domestic Groups And Multinational Enterprises," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 25(03), pages 1-25, April.
  • Handle: RePEc:wsi:ijimxx:v:25:y:2021:i:03:n:s1363919621500304
    DOI: 10.1142/S1363919621500304
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    Cited by:

    1. Concepta McManus & Abilio Afonso Baeta Neves & Alvaro Toubes Prata, 2021. "Scientific publications from non-academic sectors and their impact," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(11), pages 8887-8911, November.

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