To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete … both in the product market and in the managerial market. We show that globalization, that is, 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 …

/ Vernetzung / Beziehungspflege sowie Human Ressourcen Management (insbesondere das Mitunternehmertum, dem eine vergleichende …