Make versus buy in trucking: asset ownership, job design and information (2002)
George P. Baker, Thomas N. Hubbard
Explaining patterns of asset ownership in the economy is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test...
Survivorship and the Economic Grim Reaper (2002)
Baker, George P., Kennedy, Robert E.
The 10‐year survival rate for firms trading on the New York and American stock exchanges between 1963 and 1995 is only 61%. This article explores the process by which firms come to be...
Contractibility and Asset Ownership: On-Board Computers and Governance (2000)
George P. Baker, Thomas N. Hubbard
We investigate how the contractibility of actions affecting the value of an asset affects asset ownership. We examine this by testing how on-board computer (OBC) adoption affects truck ownership. We...
Incentive Contracts and Performance Measurement.
This paper examines the characteristics of incentive contracts in which the agent's payoff is not based on the principal's objective. The author shows that contracts based on such performance...
George P. Baker, Brian J. Hall
We develop a model that clarifies how to measure CEO incentive strength and how to reconcile the enormous differences in pay sensitivities between executives in large and small firms. The crucial...
Beatrice: A Study in the Creation and Destruction of Value.
This paper chronicles the history of the Beatrice company from its founding in 1891 as a small creamery, through its growth by acquisition into a diversified consumer and industrial products firm,...
Make Versus Buy in Trucking: Asset Ownership, Job Design, and Information
George P. Baker, Thomas N. Hubbard
Explaining patterns of asset ownership is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test by examining...
Price dynamics with market power in a fixed-price model /
Baker, George P. (George Pierce)
Thesis (A.B., Honors)--Harvard University, 1979.
Contractibility and Asset Ownership: On-board Computers and Governance in U. S. Trucking
George P. Baker, Thomas N. Hubbard
We investigate how contractual incompleteness affects asset ownership in trucking by examining cross-sectional patterns in truck ownership and how truck ownership has changed with the diffusion of...
Survivorship and the Economic Grim Reaper
George P. Baker, Robert E. Kennedy
The 10-year survival rate for firms trading on the New York and American stock exchanges between 1963 and 1995 is only 61%. This article explores the process by which firms come to be delisted. We...
Strategic alliances: Bridges between "islands of conscious power"
Baker, George P., Gibbons, Robert, Murphy, Kevin J.
Strategic alliances range from unstructured collaborations, through consortia and joint ventures that superimpose new governance structures on existing firms, to transactions that restructure firm...
George P. Baker, Brian J. Hall
What determines CEO incentives? A confusion exists among both academics and practitioners about how to measure the strength of CEO incentives, and how to reconcile the enormous differences in pay...
Contractibility and Asset Ownership: On-Board Computers and Governance in U.S. Trucking
George P. Baker, Thomas N. Hubbard
We investigate how the contractibility of actions affecting the value of an asset affects asset ownership. We examine this by testing how on-board computer (OBC) adoption affects truck ownership. We...
Make Versus Buy in Trucking: Asset Ownership, Job Design and Information
George P. Baker, Thomas N. Hubbard
Explaining patterns of asset ownership in the economy is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test...
LESSONS FROM A MIDDLE MARKET LBO: THE CASE OF O.M. SCOTT
George P. Baker, Karen H. Wruck
In 1986 The O.M. Scott & Sons Company, the largest producer of lawn care products in the U.S., was sold by the ITT Corporation in a divisional leveraged buyout. The company was founded in Marysville,...