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Elaine Pak

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Open access Oct 2026

More Monitoring, Less Pay: Active Ownership and Employee Compensation

The rise of active owners—hedge funds and private equity firms—has raised questions about the influence of corporate owners on employee compensation. Prior research documents that active owners reduce overall compensation through workforce restructuring and slower wage growth. What remains unexplored is whether active...

C. Gartenberg, Elaine Pak · 0 citations

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