1 option
Missing Information : Why Don'T More Firms Seek Out Business Advice? / Miriam Bruhn, Caio Piza.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Bruhn, Miriam, author.
- Piza, Caio, author.
- Series:
- Policy research working papers.
- Policy research working papers
- Language:
- English
- Subjects (All):
- Business presentations.
- Physical Description:
- 1 online resource (38 pages).
- Other Title:
- Missing Information
- Place of Publication:
- Washington, DC : World Bank, 2022.
- Summary:
- This paper tests whether providing more information on business practices can lead firms to seek out advice and improve their practices. The authors collaborated with a business advice provider in Brazil to implement a randomized experiment with 866 small firms. The treatment groups received different versions of an information sheet that benchmarked business practices to other firms and listed five practices to improve. Receiving any information sheet increased demand for business advice by 7 percentage points, relative to 21 percent in the control group in the first six months, suggesting that information matters for seeking out advice. However, the control group catches up over the next 12 months. The intervention did not affect business practices and performance outcomes, but it decreased the fraction of firms that report being happy with their performance.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/1813-9450-10183
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.