Past research on the relationship between top management team (TMT) compositional diversity and organizational … performance has paid insufficient attention to the nature of TMT team processes in interaction with TMT diversity. We fill this … gap by studying how three team mechanisms (collaborative behavior, accurate information exchange, and decision …

We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …