The distributions of firm size, span of control, and managerial incomes are modeled as the joint outcome of market assignments of personnel to hierarchical positions. Assigning persons of superior talent to top positions increases productivity by more than the increments of their abilities because greater talent filters through the entire firm by a recursive chain of command technology. These multiplicative effects support enormous rewards for top level management in large organizations. Also, superior managers control more than proportionately larger firms. Consequently, the distributions of reward and firm size are skewed relative to the distribution of abilities.
This paper develops an account of the role and significance of managerial power and rent extraction ...
In this paper, we use a unique personnel dataset from a large European firm in an high tech manufact...
In recent decades, firms have been seen to “delayer” and shrink middle management. We show in this p...
T he U.S. distribution of labor earnings is highly skewed to the right.Roughly, the lowest 50 percen...
This article presents evidence on the relationship between compensation ratios and spans of control ...
<p>This figure graphically demonstrates how the management fraction increases with firm size (assumi...
101 p.This thesis contains two studies. In study one, I investigate whether dispersion of compensati...
Ability of managers and other nonproduction professionals is key for the productivity of firms. Henc...
We examine the mapping of the distribution of ability onto earnings in a hierarchical job assignment...
Abstract: Most of the large firms organization schemes consist in hierarchical structures of tiers w...
There is an extensive theoretical literature based on what is called the scale-of-operations effect,...
What explains the power-law distribution of top incomes? This paper tests the hypothesis that it is ...
Management structure affects income distribution within the firm. We construct a model in which the ...
Preliminary: comments welcome In this paper we provide a simple agency model of executive pay as it ...
In this thesis the positive relationship between firm size and wages is investigated through the app...
This paper develops an account of the role and significance of managerial power and rent extraction ...
In this paper, we use a unique personnel dataset from a large European firm in an high tech manufact...
In recent decades, firms have been seen to “delayer” and shrink middle management. We show in this p...
T he U.S. distribution of labor earnings is highly skewed to the right.Roughly, the lowest 50 percen...
This article presents evidence on the relationship between compensation ratios and spans of control ...
<p>This figure graphically demonstrates how the management fraction increases with firm size (assumi...
101 p.This thesis contains two studies. In study one, I investigate whether dispersion of compensati...
Ability of managers and other nonproduction professionals is key for the productivity of firms. Henc...
We examine the mapping of the distribution of ability onto earnings in a hierarchical job assignment...
Abstract: Most of the large firms organization schemes consist in hierarchical structures of tiers w...
There is an extensive theoretical literature based on what is called the scale-of-operations effect,...
What explains the power-law distribution of top incomes? This paper tests the hypothesis that it is ...
Management structure affects income distribution within the firm. We construct a model in which the ...
Preliminary: comments welcome In this paper we provide a simple agency model of executive pay as it ...
In this thesis the positive relationship between firm size and wages is investigated through the app...
This paper develops an account of the role and significance of managerial power and rent extraction ...
In this paper, we use a unique personnel dataset from a large European firm in an high tech manufact...
In recent decades, firms have been seen to “delayer” and shrink middle management. We show in this p...