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The nexus between top managers' human capital and firm productivity

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  • Christian Pfeifer

Abstract

The author uses panel data from the World Bank enterprise survey for the Egyptian manufacturing sector in order to analyse the nexus between top managers' human capital and productivity of firms. Pooled as well as firm fixed effects linear regressions indicate that firms are indeed on average more productive if the top manager has some kind of university degree, more experience in management activities and foreign experience in management jobs. Therefore, the overall results emphasize the importance of top managers and more generally of human capital in the determination of firm productivity.

Suggested Citation

  • Christian Pfeifer, 2015. "The nexus between top managers' human capital and firm productivity," Applied Economics Letters, Taylor & Francis Journals, vol. 22(12), pages 982-986, August.
  • Handle: RePEc:taf:apeclt:v:22:y:2015:i:12:p:982-986
    DOI: 10.1080/13504851.2014.993128
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    References listed on IDEAS

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    1. Chad Syverson, 2011. "What Determines Productivity?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 326-365, June.
    2. Marianne Bertrand & Antoinette Schoar, 2003. "Managing with Style: The Effect of Managers on Firm Policies," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(4), pages 1169-1208.
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    Cited by:

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    2. Peter Howard-Jones & Jens Hölscher & Dragana Radicic, 2017. "Firm Productivity In The Western Balkans: The Impact Of European Union Membership And Access To Finance," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 62(215), pages 7-52, October –.
    3. Feng, Hongxiang & Grifoll, Manel & Yang, Zhongzhen & Zheng, Pengjun, 2021. "Latest challenges to ports in public-private partnership: Case of Dandong Port (China)'s bankruptcy," Transport Policy, Elsevier, vol. 110(C), pages 293-305.
    4. Amin,Mohammad & Soh,Yew Chong, 2020. "Does Corruption Hurt Employment Growth of Financially Constrained Firms More ?," Policy Research Working Paper Series 9286, The World Bank.
    5. Samer Matta, 2017. "The Microeconomic Impact of Political Instability: Firm-Level Evidence from Tunisia," Working Papers 1135, Economic Research Forum, revised 09 Jul 2017.
    6. Mohammad Amin & Yew Chong Soh, 2022. "Financial constraints and the impact of corruption on employment growth," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(3), pages 612-635, April.
    7. Adamu Jibir & Musa Abdu & Abdullahi Buba, 2023. "Does Human Capital Influence Labor Productivity? Evidence from Nigerian Manufacturing and Service Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 805-830, June.
    8. Usman Khalid & Mohammad Amin, 2023. "The impact of ethnic fractionalisation on labor productivity: Does firm size matter?," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(7), pages 2213-2249, October.
    9. Jean Baptiste Habyarimana & Vikas Kakkar, 2023. "Externally funded trade policy reforms and firm productivity: Evidence from a world database of reforms funded by foreign aid agencies," Kyklos, Wiley Blackwell, vol. 76(2), pages 196-222, May.
    10. Amin,Mohammad, 2021. "Does Competition from Informal Firms Impact R&D by Formal SMEs ? Evidence Using Firm-Level Survey Data," Policy Research Working Paper Series 9868, The World Bank.

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