Leadership, Coordination, and Corporate Culture
نویسندگان
چکیده
منابع مشابه
Leadership, Coordination and Corporate Culture∗
What is the role of leaders in large organizations? We propose a model in which a leader helps to overcome a misalignment of followers’ incentives that inhibits coordination, while adapting the organization to a changing environment. Good leadership requires vision and special personality traits such as conviction or resoluteness to enhance the credibility of mission statements and to effective...
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While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two and itself sustains formal institutions. Cultural changes are rarer and slower than changes in legal institutions, which makes it difficult to identify the role played by culture. Cultural changes and their effects are easier to identify in simpler, more controlled, environments,...
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Using experimental methods, this paper investigates the limits of communication and leadership in aiding group coordination in a minimum e ort game. Choosing the highest e ort is the payo dominant Nash equilibrium in this game, and communication and leadership are expected to help in coordinating on such an equilibrium. We consider an environment in which the bene ts of coordination are low com...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2012
ISSN: 0034-6527,1467-937X
DOI: 10.1093/restud/rds041