CeBER Working Paper No. 2023-1 | Management and Human Capital Employment: an overlooked Relationship
Encontra-se publicado um novo working paper do Centre for Business and Economics Research (CeBER), “Management and Human Capital Employment: an overlooked Relationship” dos autores Marcelo Santos, Susana Garrido Azevedo e Tiago Neves Sequeira.
Abstract
We look at data for Management and Skills demand of firms in existing databases and we highlight the strong positive relationship between both variables. We devise a model that explains this relationship and calibrate it in order to present quantitative results and compare those results with the estimated ones. We discover that a simple model with Management as Technology can replicate well the estimated influence of Management in the skills demand of firms. We also present evidence of the influence of the subitems of Management on skills’ demand and discovered that aside from the talent component of Management, target and performance components greatly influence the demand for skills.
Keyworks
management practices, productivity, human capital.