Rent Seeking and the Transformation of Employment Relationships

Rent Seeking and the Transformation of Employment Relationships
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寻租与雇佣关系的转变

DOI:
10.1177/0003122416642419
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发表时间:
2016
影响因子:
9.1
通讯作者:
Chichun Fang
Chichun Fang
中科院分区:
法学1区
文献类型:
--
作者:
John C. Dencker;Chichun Fang

文献摘要

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关于公司重组的研究中的一个关键辩论是,这种广泛而广泛的转型过程是使当代雇佣关系更加开放--公司主要依靠市场力量来奖励员工--还是让它们相对封闭,工资仍然主要取决于内部劳动力市场体系、做法和政策。这一领域的研究在明确区分这些截然不同的视角方面遇到了概念和经验上的挑战,留下了一个悬而未决的问题,即公司重组是反映了工资模式、决定因素和结果的全面转变,还是反映了利润率的侵蚀。我们寻求通过扩展、完善和评估公司重组对雇佣关系的影响的租金破坏帐户来解决这场辩论-我们将其与内部劳动力市场方法进行对比。对一家《财富》500强能源行业公司25年人事记录的分析结果与租金破坏的说法一致:在公司重组开始后,雇佣关系变得更加市场化--尽管生产工人的合同似乎比经理的合同更加开放。
A key debate in research on corporate restructuring is whether this widespread and extensive transformation process made contemporary employment relationships more open—with firms relying largely on market forces to reward employees—or left them relatively closed, with wages remaining primarily a function of internal labor market systems, practices, and policies. Research in this arena has had conceptual and empirical challenges in clearly distinguishing between these contrasting perspectives, leaving open the question of whether corporate restructuring reflects a full-fledged transformation in wage patterns, determinants, and outcomes, or instead erosion around the margins. We seek to resolve this debate by extending, refining, and assessing a rent-destruction account of the effect of corporate restructuring on employment relationships—which we contrast with internal labor market approaches. Results from analyses of 25 years of personnel records from a Fortune 500 energy-sector firm are consistent with the rent-destruction account: employment relationships became more market-based following the onset of corporate restructuring—albeit with production workers’ contracts seemingly becoming more open than those of managers.