Do competent managers increase labor productivity? Evidence from Korea
– This study investigates the effect of managerial ability on labor productivity by analyzing various methods in the firm-year panel data of listed firms in South Korea from 2002 to 2019. Managerial ability was analyzed using the measurement method of Demerjian et al. (2012), while labor productivi...
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Format: | Article |
Language: | English |
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Emerald Publishing
2023-08-01
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Series: | Seonmul yeongu |
Subjects: | |
Online Access: | https://www.emerald.com/insight/content/doi/10.1108/JDQS-01-2023-0002/full/pdf |
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author | Donghwan Ahn Shiyong Yoo Seungho Cho |
author_facet | Donghwan Ahn Shiyong Yoo Seungho Cho |
author_sort | Donghwan Ahn |
collection | DOAJ |
description | – This study investigates the effect of managerial ability on labor productivity by analyzing various methods in the firm-year panel data of listed firms in South Korea from 2002 to 2019. Managerial ability was analyzed using the measurement method of Demerjian et al. (2012), while labor productivity was analyzed using value-added and sales. The authors find that managerial ability has a positive effect on labor productivity. In other words, the productivity of employees improves with the appointment of a manager with higher abilities. The study’s findings suggest that firms should consider managerial ability as a means of improving labor productivity. |
first_indexed | 2024-03-12T13:24:40Z |
format | Article |
id | doaj.art-c524c4d7079f4f83a7dbfe7bbd7adb48 |
institution | Directory Open Access Journal |
issn | 1229-988X 2713-6647 |
language | English |
last_indexed | 2024-03-12T13:24:40Z |
publishDate | 2023-08-01 |
publisher | Emerald Publishing |
record_format | Article |
series | Seonmul yeongu |
spelling | doaj.art-c524c4d7079f4f83a7dbfe7bbd7adb482023-08-25T10:53:02ZengEmerald PublishingSeonmul yeongu1229-988X2713-66472023-08-0131324226010.1108/JDQS-01-2023-0002Do competent managers increase labor productivity? Evidence from KoreaDonghwan Ahn0Shiyong Yoo1Seungho Cho2CAU Business School, Chung-Ang University, Seoul, South KoreaCAU Business School, Chung-Ang University, Seoul, South KoreaCAU Business School, Chung-Ang University, Seoul, South Korea – This study investigates the effect of managerial ability on labor productivity by analyzing various methods in the firm-year panel data of listed firms in South Korea from 2002 to 2019. Managerial ability was analyzed using the measurement method of Demerjian et al. (2012), while labor productivity was analyzed using value-added and sales. The authors find that managerial ability has a positive effect on labor productivity. In other words, the productivity of employees improves with the appointment of a manager with higher abilities. The study’s findings suggest that firms should consider managerial ability as a means of improving labor productivity.https://www.emerald.com/insight/content/doi/10.1108/JDQS-01-2023-0002/full/pdfManagerial abilityManagerial efficiencyLabor productivityValue addedData envelopment analysisDynamic panel model |
spellingShingle | Donghwan Ahn Shiyong Yoo Seungho Cho Do competent managers increase labor productivity? Evidence from Korea Seonmul yeongu Managerial ability Managerial efficiency Labor productivity Value added Data envelopment analysis Dynamic panel model |
title | Do competent managers increase labor productivity? Evidence from Korea |
title_full | Do competent managers increase labor productivity? Evidence from Korea |
title_fullStr | Do competent managers increase labor productivity? Evidence from Korea |
title_full_unstemmed | Do competent managers increase labor productivity? Evidence from Korea |
title_short | Do competent managers increase labor productivity? Evidence from Korea |
title_sort | do competent managers increase labor productivity evidence from korea |
topic | Managerial ability Managerial efficiency Labor productivity Value added Data envelopment analysis Dynamic panel model |
url | https://www.emerald.com/insight/content/doi/10.1108/JDQS-01-2023-0002/full/pdf |
work_keys_str_mv | AT donghwanahn docompetentmanagersincreaselaborproductivityevidencefromkorea AT shiyongyoo docompetentmanagersincreaselaborproductivityevidencefromkorea AT seunghocho docompetentmanagersincreaselaborproductivityevidencefromkorea |