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Author:Lazear, E.
Title:Globalization and the market for team-mates
Journal:Economic Journal
1999 : MAR, VOL. 109-454, p. C15-C40
Index terms:ECONOMICS
MARKETS
GLOBALIZATION
Language:eng
Abstract:The globalisation of firms is explored at theoretical and empirical levels. The idea is that a global firm is a multi-cultural team. The existence of a global firm is somewhat puzzling. Combining workers who have different cultures, legal systems, and languages imposes costs om the firm that would nor be present were all workers to conform to one standard. The search for the "best practice" is analysed and empirical support is provided.
SCIMA record nr: 193292
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