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constitution (unlike the US Lochner jurisprudence) in principle protects economic freedom of managers, firms and stockowners. While …
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This paper develops a framework for studying individuals' ideas about what constitutes just compensation for chief executive officers (CEOs) and reports estimates of just CEO pay and the principles guiding ideas of justice. The sample consists of students pursuing a Master of Business...
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our research design is that local managers have no discretion to vary wage rates in response to local labor market …
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our research design is that local managers have no discretion to vary wage rates in response to local labor market …
Persistent link: https://www.econbiz.de/10013318983
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 …
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