Investigating the role of good management before and during the pandemic, with a special focus on the adoption of homeworking and online sales.
- The main determinants of good management in British businesses are firm size, firm age and employee human capital, and have not changed significantly during the coronavirus (COVID-19) pandemic.
- Good management practices have made it easier for firms to adapt to novel practices like homeworking and online sales during the pandemic.
- Overall, better-managed firms have retained their labour productivity advantage over comparable peers during 2020.
Part of the Economic Review: May 2021.
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