To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …

business perform better than others. Our study collects and analyses 60 years of data from one of the world's most competitive … mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between …

: 1) globalization is a process of continuing integration of the countries of the world that is beneficial, inevitable and …This paper examines the impacts of globalization on small countries, covering the main features of globalization, the … irreversible. No any country can afford to remain isolated from the world economy. 2) some of small countries might have higher …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …