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Horizontal shareholding, technology, and compensation: An evaluation

Sumit K Majumdar ()

Managerial and Decision Economics, 2021, vol. 42, issue 7, 1836-1848

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.

Date: 2021
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