What Makes Firms Perform Well?

In this paper, we investigate the role of three external factors in generating improved productivity performance in companies. These are product market competition, financial market pressure and shareholder control. We have found, using data from around 580 UK manufacturing companies, that all three...

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Bibliographic Details
Main Authors: Nickell, S, Nicolitsas, D, Dryden, N
Format: Working paper
Language:English
Published: Centre for Economic Performance, LSE, 1996