“…Our study contributes to a fast-growing economics literature on the importance of management practices in organizations across the world (Adhvaryu et al, 2018a;Aghion et al, 2017;Bandiera et al, 2017;Bloom et al, 2017aBloom et al, , 2013Bloom et al, , 2017bBloom and Van Reenen, 2007;Macchiavello et al, 2015;McKenzie and Woodruff, 2016;Schoar, 2011). 7 Our work is most closely related to Bloom et al (2016), who estimate firm production functions that incorporate management as a technology; Bloom et al (2018a), who study management practice variation across US firms; and Bandiera et al (2017), who study the link between time use and productivity of CEOs around the world.…”