Organizational Beliefs and Managerial Vision Forthcoming in the Journal of Law, Economics, and Organization

摘要: Can managers have an impact on their flrm that goes beyond direct actions and decisions? This paper shows a manager with strong beliefs about the right course of action will attract, through sorting in labor market, employees similar beliefs. alignment gives direction to has important implications for incentives coordination. The then deflnes vision, accordance management literature, as belief action, it may be optimal hire such Vision most when uncertainty is high are di‐cult contract on.