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Monasteries

With Katja Rost, Emil Inauen and Margit Osterloh.

Two following and related articles published in American Review of Public Administration (2010) and Management Revue (2010) point to the original work published in Journal of Management History and cite the original work.


Abstract of the paper in Journal of Management History 2010:

"The monasteries that are examined show an average lifetime of almost 500 years and only a quarter of them dissolved as a result of agency problems. This paper argues that this success is due to an appropriate governance structure that relies strongly on internal control mechanisms."


Abstract of the paper in the American Review of Public Administration 2010:

"Benedictine monasteries in Baden-Württemberg, Bavaria, and German-speaking Switzerland have an average lifetime of almost 500 years, and only a quarter of them broke up because of agency problems. The authors argue that they were able to survive for centuries because of an appropriate governance structure, relying strongly on the intrinsic motivation of the members and internal control mechanisms."


Abstract of the paper in the Management Revue - The international Review of Management Studies 2010:

"Derived from an analysis of the Benedictine monastery of Engelberg we offer three improvements of applied governance designed to reduce agency problems. First, monastic governance emphasizes clan control rather than output control. Monasteries demonstrate that organizations can prevent agency problems by complementing external discipline with internal behavioral incentives, such as value systems and voice."

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