The Effect of Management Policies on Plant-Level Productivity: A Longitudinal Study of Three U.S. and Mexican Small Businesses |
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| Authors: | Craig S. Galbraith Emmanuel Nkwenti-Zamcho |
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| Affiliation: | Cameron School of Business, University of North Carolina Wilmington; Pennsylvania College of Technology |
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| Abstract: | To determine the influence of various management policies on productivity, various production functions of three small firms in labor-intensive, production-oriented industries are estimated econometrically and compared. Results from modified Cobb–Douglas functions indicate that the most important management-influenced factors are those related to job specialization, asset maintenance and technology policies, and changes in organizational structure. In addition, the results indicate that productivity is significantly related to a firm's overall profitability. |
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