Egger, Hartmut; Jahn, Elke J.; Kornitzky, Stefan - 2021
in a business group hierarchy affects workers' wages. To acknowledge that ownership linkages are not onedirectional, we … propose an index of hierarchical distance to the ultimate owner that accounts for the complex network structure of business … ultimate owner of a business group on workers' wages. To explain this finding, we develop a monitoring-based theory of business …