第335期财会院财务与会计学术论坛

Time/时间:4月11日(周五)10:00-11:30


Venue/地点:Room 501, Jiageng Building 2/嘉庚二号楼501教室


Topic/题目Information Inequality and Employee Welfare Inequality


Speaker/报告人: 郏奕帆助理教授


Abstract/摘要:

We investigate the relation between within-firm information inequality and employee wage inequality. We use the distance between establishments and headquarters to proxy for the level of within-firm employee information disadvantage. Employee salary data from Glassdoor are used to establish that, ceteris paribus, greater distances between establishments and headquarters lead to lower employee wages. The finding is especially evident in private firms, and firms with limited transparency, large earnings volatility, or more establishments. The effect becomes less salient when employee bargaining power is low, pay transparency is high, and the establishment size increases. The pattern remains consistent when using only non-headquarters establishments. We use new airline route introductions as a shock and find that reducing travel time to headquarters increases employee wages. Furthermore, we demonstrate that employees working farther from the headquarters exhibit less accurate predictions of employer performance, validating distance as a proxy of within-firm information inequality. In summary, our research illuminates within-firm information opaqueness as a significant contributor to income inequality and shows that within-firm information transparency can alleviate these disparities.


About the Speaker/报告人简介:

郏奕帆,现任厦门大学财务管理与会计研究院助理教授,博士毕业于香港大学。其研究兴趣主要包括劳动力市场与会计,以及银行与会计。