The purpose of this paper is to examine managers' perceptions of employee organizational commitment as a key mechanism through which High Performance Work Systems influence organizational performance. Additionally, we assess whether ownership structure is a potentially powerful moderating factor...

Again and again, economists, corporate law scholars, and Congress have turned to reforms, like executive compensation reforms, as a solution to executive misbehavior. The root of the evil, they muse, is sky-high pay with only a flimsy connection to managerial performance. If CEO pay can only be...