| | |
Identificatore numerico | 2326 |
Identificatore completo | ZingalesNovaes03 |
Autore/i | Zingales, L.; Novaes, W. |
Anno | 2003 |
Titolo | Bureaucracy as a Mechanism to Generate Information |
Tipo di Pubblicazione | paper |
Altre Informazioni | National Bureau of Economic Research, NBER Working Paper, Washington, DC, No. W9763, June. |
Keywords | Agency theory - Managerial discretion and rents |
Abstract | Organizations that require the recording of actions and the filing of reports are often labelled "bureaucratic" and inefficient. This paper argues that bureaucracy increases in order to curb managerial agency costs in a multi-layer hierarchy. |
Importanza | media |
| |