Corporations and economic inequality around the world: The paradox of hierarchy |
| |
| Affiliation: | 1. World Heart Federation, Geneva 1201, Switzerland;2. Department of Cardiovascular Medicine, National Heart and Lung Institute, Imperial College London, London SW3 6LY, UK;1. Department of Management, Mihaylo College of Business and Economics, California State University Fullerton, Fullerton, CA 92831, United States;2. Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, PA 92831, United States;1. Department of Agricultural and Environmental Engineering, College of Technology, The University of Bamenda, Bambili, Cameroon;2. Department of Environmental Science, Faculty of Science, University of Buea, Cameroon;3. Science and Technology Branch, Agriculture and Agri-food Canada, Ottawa, Ontario, Canada;1. The Wharton School, University of Pennsylvania, Steinberg Hall – Dietrich Hall, 3620 Locust Walk, Philadelphia, PA 19103, United States;2. Harvard University, 33 Kirkland Street, Office 1430, Cambridge, MA 02138, United States |
| |
| Abstract: | Using time-series data from the US since 1950 and from 53 countries around the world in 2006, this chapter documents a strong negative relation between an economy's employment concentration (that is, the proportion of the labor force employed by the largest 10, 25, or 50 firms) and its level of income inequality. Within the US, we find that trends in the relative size of the largest employers (up in the 1960s and 1970s, down in the 1980s and 1990s, up in the 2000s) are directly linked to changes in inequality, and that corporate size is a proximal cause of the extravagant increase in social inequality over the past generation. We conclude that organization theory can provide a distinctive contribution to understanding societal outcomes. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
