Product market competition and management quality among small and medium-sized enterprises: Evidence from Burkina Faso

S. Gansonré, S. A. Ouédraogo
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Abstract

Abstract We examine how management quality is related to product market competition when firms are managed by their founders instead of hired managers. While the relationship between competition and managerial incentives is mostly found to be ambiguous in theory, testing it empirically has been challenged by the lack of robust quantitative data. Using a survey on Small and Medium-sized Enterprises from Burkina Faso, we measure management quality, building on the Management and Organizational Practices Survey, and find suggestive evidence that management quality increases with competition. Although the results are robust across a range of measures of competition and sub-indicators of management quality, no significant association is observed in larger firms.
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中小企业产品市场竞争与管理质量:来自布基纳法索的证据
摘要本文研究了当公司由创始人管理而非聘请经理管理时,管理质量与产品市场竞争的关系。虽然竞争与管理激励之间的关系在理论上大多是模糊的,但由于缺乏可靠的定量数据,对其进行实证检验一直受到挑战。通过对布基纳法索中小企业的调查,我们在管理和组织实践调查的基础上衡量了管理质量,并发现了管理质量随着竞争而提高的启发性证据。尽管结果在一系列竞争措施和管理质量的子指标中都是稳健的,但在大公司中没有观察到显著的关联。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
2.60
自引率
8.30%
发文量
9
期刊介绍: International Journal of the Economics of Business presents original, peer reviewed research in economics that is clearly applicable to business or related public policy problems or issues. The term "business" is used in its widest sense to encompass both public and private sector—governmental, private non-profit and cooperative organizations, as well as profit-seeking enterprises. International Journal of the Economics of Business carries papers relating to three main spheres: The organization—to analyse and aid decision making and the internal organization of the business; The industry—to analyse how businesses interact and evolve within and across industries.
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