Add wos sample results library

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abstract: 'This article sheds light on the ongoing employment stagnation in the
United States by investigating the links between the rise of finance and
firm employment dynamics during the 1982-2005 period. I argue that the
rise of finance marginalized the role of labor in revenue generating and
sharing processes, which led to employment stagnation among the largest
nonfinancial firms in the United States. Evidence suggests that
increasing investment in financial assets depresses the workforce size.
The growing dependence on debt reprioritizes the order of distribution,
heightening the need for workforce reduction. The increasing rewards for
shareholders generate a downsize-and-distribute spiral, in which labor
expense becomes a primary target of cost-cutting strategies. Further
analysis indicates that production and service workers are more
vulnerable to shifts associated with the rise of finance than managers
and professionals.'
affiliation: 'Lin, KH (Corresponding Author), Univ Texas Austin, Dept Sociol, Austin,
TX 78712 USA.
Lin, Ken-Hou, Univ Texas Austin, Dept Sociol, Austin, TX 78712 USA.'
author: Lin, Ken-Hou
author-email: lin@austin.utexas.edu
author_list:
- family: Lin
given: Ken-Hou
da: '2023-09-28'
doi: 10.1287/orsc.2016.1073
files: []
issn: 1047-7039
journal: ORGANIZATION SCIENCE
keywords: corporate governance; financialization; employment contract
keywords-plus: 'SIZE-WAGE PREMIUM; INCOME INEQUALITY; SHAREHOLDER VALUE; US ECONOMY;
LABORS SHARE; FINANCIALIZATION; FINANCIALISATION; PERFORMANCE; DECLINE;
POWER'
language: English
month: JUL-AUG
number: '4'
number-of-cited-references: '112'
pages: 972-988
papis_id: b6832c7d6da5b85ba4a772c9fda2d9fc
ref: Lin2016risefinance
times-cited: '42'
title: The Rise of Finance and Firm Employment Dynamics
type: Article
unique-id: WOS:000388446100009
usage-count-last-180-days: '3'
usage-count-since-2013: '65'
volume: '27'
web-of-science-categories: Management
year: '2016'