propose an index of hierarchical distance to the ultimate owner that accounts for the complex network structure of business … groups. After controlling for unobserved heterogeneity, we find a positive effect of larger hierarchical distance to the … groups. Our model predicts higher wages to prevent shirking by workers if a larger hierarchical distance to the ultimate …

propose an index of hierarchical distance to the ultimate owner that accounts for the complex network structure of business … groups. After controlling for unobserved heterogeneity, we find a positive effect of larger hierarchical distance to the … groups. Our model predicts higher wages to prevent shirking by workers if a larger hierarchical distance to the ultimate …

propose an index to measure hierarchical distance to the ultimate owner. After controlling for unobserved heterogeneity and … selection into the business group hierarchy, we find a positive effect of larger hierarchical distance to the ultimate owner of …, in which larger hierarchical distance to the ultimate owner is associated with lower monitoring efficiency and thus …

propose an index of hierarchical distance to the ultimate owner that accounts for the complex network structure of business … groups. After controlling for unobserved heterogeneity, we find a positive effect of larger hierarchical distance to the … groups. Our model predicts higher wages to prevent shirking by workers if a larger hierarchical distance to the ultimate …

propose an index of hierarchical distance to the ultimate owner that accounts for the complex network structure of business … groups. After controlling for unobserved heterogeneity, we find a positive effect of larger hierarchical distance to the … groups. Our model predicts higher wages to prevent shirking by workers if a larger hierarchical distance to the ultimate …

propose an index to measure hierarchical distance to the ultimate owner. After controlling for unobserved heterogeneity and … selection into the business group hierarchy, we find a positive effect of larger hierarchical distance to the ultimate owner of …, in which larger hierarchical distance to the ultimate owner is associated with lower monitoring efficiency and thus …