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Around the turn of the century, China experienced perhaps the largest labor restructuring program in the world. This … effects of labor downsizing on firms' technical efficiency, financial performance, and employee wages. We find that downsizing …
Persistent link: https://www.econbiz.de/10012721131
Around the turn of the century, China experienced perhaps the largest labour restructuring program in the world. This … effects of labour downsizing on firms' technical efficiency, financial performance and employee wages. We find that downsizing …
Persistent link: https://www.econbiz.de/10012562537
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, suggest that the negative effects on wages might be explained by a decrease in workers' bargaining power following the …
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CEOs of public (listed) firms earn more than their counterparts in similar private (unlisted) firms. This can either be because rent extraction is easier in public firms than in private firms, or because managing a public firm involves more legal and institutional responsibilities than managing...
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