Quality of Management of Firms in Turkey
This paper examines the quality of management practices in Turkey and its relation to other firm-level characteristics such as firm performance, competition, and type of ownership. A key finding is that management quality is positively correlated w...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
Washington, DC: World Bank
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/383521556038423877/Quality-of-Management-of-Firms-in-Turkey http://hdl.handle.net/10986/31657 |
| Summary: | This paper examines the quality of
management practices in Turkey and its relation to other
firm-level characteristics such as firm performance,
competition, and type of ownership. A key finding is that
management quality is positively correlated with
productivity and quality of jobs across subsectors of
manufacturing. But the average score of management quality
in Turkey is relatively low compared to peer countries.
Factors such as firm size, level of human capital of the
workforce, export intensity of the firm, openness to
international markets, level of hierarchy in decision
making, and degree of managerial autonomy are found to be
important determinants of managerial practices in Turkey.
Thus, improvements in these dimensions, through relevant
policies and incentives, can have a positive effect on the
quality of firm management going forward.Such improvements
in management practices—particularly in the two dimensions
whereTurkey scores lowest: monitoring and targeting—can have
positive effects on firmperformance and lead to increases in
the creation of quality jobs. |
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