Corporate managers who own a majority of the common stock in their company or who represent another firm owning such an … interest appear to be less constrained than managers of diffusely held firms, yet their power to harm minority shareholders …. Finally, there is little evidence that new organizational mechanisms have evolved to constrain managers who own large blocks …

Using a randomized experiment with an automobile manufacturing firm in China, we measure the effects of letting workers … evaluate their managers on worker and firm outcomes. In the treatment teams, workers evaluate their supervisors monthly. We … driven by changes in the behavior of managers and an overall better relationship between managers and workers …

We study the extent to which decisions to expand firm size are associated with increases in subsequent CEO compensation …. Controlling for past stock performance, we find a positive correlation between CEO compensation and the CEO's past decisions to … returns are correlated with subsequent CEO pay only to the extent that they contribute to expanding firm size; only the …