We investigate the impact of social networks on earnings using a dataset of over 20,000 senior executives of European … estimates reflect the causal impact of connections and not merely unobserved individual characteristics. Networks are more … less likely to give them access to influential networks than are firms that do the same for the most talented men. …

I study the optimal compensation scheme in organizations in Shi (2020), in which agents connected in a network are … the disutility of working. For any given network structure, the optimal compensation scheme exists and is unique. There … are two effects determining the optimal compensation: (a) ``incentivizing the peripheral'' effect: the nodes with a …

Using data from large-scale establishment surveys in Britain and France, we show that incentive pay for non-managers is …

, intensity, and implementation of relative performance evaluation (RPE) in CEO compensation contracts. Consistent with a … fundamental but not thoroughly investigated prediction from principal-agent theory, we find that firms positioned more centrally … compensation contracts …

Publicly traded firms in the U.S. typically determine C.E.O. compensation by benchmarking the pay of their C …-firm relational structure (network) in which an individual firm's executive pay setting is embedded. As such, the compensation … selection and actions of the firm's immediate peers, and by the structure of the executive compensation network overall …

upon existing networks and contribute to the development of future networks. We test the theory on an original dataset of … this is due to unobserved individual characteristics. The true causal impact of networks on compensation is closer to an …This paper examines how networks of professional contacts contribute to the development of the careers of executives of …