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Horizontal shareholding, technology, and compensation: An evaluation

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  • Sumit K. Majumdar

Abstract

This note reports an evaluation of the impact of broadband deployment on average compensation levels, after accounting for the moderating impact of large, medium, and small levels of horizontal shareholding among US telecommunications firms. The moderating effect of large asset control on broadband deployment does not lead to any significant impacts on the technology diffusion and compensation relationship, but the moderating effect of medium asset control on broadband deployment leads to significantly negative impacts. The moderating effect of small asset control leads to a significant positive impact; overall, the net outcomes of labor market oligopsony have been significantly negative.

Suggested Citation

  • Sumit K. Majumdar, 2021. "Horizontal shareholding, technology, and compensation: An evaluation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(7), pages 1836-1848, October.
  • Handle: RePEc:wly:mgtdec:v:42:y:2021:i:7:p:1836-1848
    DOI: 10.1002/mde.3349
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