Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/123407 
Year of Publication: 
2010
Series/Report no.: 
WWZ Discussion Paper No. 2010/06
Publisher: 
University of Basel, Center of Business and Economics (WWZ), Basel
Abstract: 
The allocation of decision-making authorities may be seen as the last link in a causal relationship starting from changes in environment and continuing to business strategy. Changes in task complexity, which can be measured by the introduction of a diversi ca- tion or an outsourcing strategy, are expected to result in a shift towards a more centralized or decentralized allocation of decision-making authorities. Using nationally representative Swiss rm data, OLS, Propensity Score Matching as well as a combined matching and difference-in-differences approach in order to account for endogeneity and unobserved het- erogeneity are applied. Estimates using all three approaches show a highly signi cant positive impact of outsourcing on a decentralized decision rights assignment, whereas a diversi cation strategy yields no in uence. The conclusion therefore is that a lower delega- tion risk due to a decline in complexity results in decentralized decision-making authorities in Swiss rms.
JEL: 
C21
D21
L22
M50
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
534.07 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.