Pendleton, Andrew; Bryson, Alex; Gospel, Howard - 2015
Drawing on principal-agent perspectives on corporate governance, this paper examines whether employees' hourly pay is … (WERS) 2011, we find average hourly pay is higher in dispersed ownership workplaces. The raw gap of 30 log points falls to 8 … with earlier papers which indicate that higher level employees are the primary beneficiaries of higher pay from dispersed …