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> I think most of this is tax driven. Disagree. Research has consistently shown that American multinationals consistently apply better corporate management pra
by dcolkitt 6y ago
> I think most of this is tax driven.
Disagree. Research has consistently shown that American multinationals consistently apply better corporate management practices than their European counterparts.[1] This is especially true in IT-intensive industries.[2] This is true even when comparing American multinationals operating in Europe.
Any sufficiently large company in a globally integrated, competitive industry, is going to reap potentially large efficiency gains by replacing European management with American management.
[1]https://nbloom.people.stanford.edu/sites/g/files/sbiybj4746/f/jep.pdf https://nbloom.people.stanford.edu/sites/g/files/sbiybj4746/...
[2]https://nbloom.people.stanford.edu/sites/g/files/sbiybj4746/f/adib.pdf https://nbloom.people.stanford.edu/sites/g/files/sbiybj4746/...
- Daho0n 6y agoDo you have any non-American sources? You always needs to hear it from at least two different sides.
- dgdas9 6y agoNicholas Bloom the author of both papers is British. Also, it's not like in economics/business science there's a European vs American distinction in publications. The European Economics Association is quite small and most European departments hire out of the American association's market, for instance