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Worker participation in decision-making is often associated with high-wage and high-productivity firm strategies. Using linked-employer-employee data for Germany and worker fixed effects from a two-way fixed effects model of wages capturing observed and unobserved worker quality, we find that...
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units need to adjust their strategy and pursue strategic management practices, in order to exploit the beneficial potentials …
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, including director independence and gender diversity, at the senior management and board levels. Third, it extends …
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