where ΔWage Gap ct is the change in the macro wage gap between t and t−1; Δ X ct are changes in possible determinants of the dynamics of the wage gap, namely percentage of public employees, openness, share of public employees in Public Administration, government effectiveness, employment protection, and trade union density; and (sum _{t}lambda _{t}) are period fixed effects.
None of these variables enter significantly in either regression, whereas the coefficients of percentage of public employees, openness, and government effectiveness remain stable and statistically significant, the only exception being the coefficient of government quality in column (4), with a p value of 0.19.
CEMEX is entering a second stage where employees via openness and transparency see value in working with each other.
To foster openness, all employees had full access to the payrolls, although few employees ever took advantage of the privilege.
Employees rate support and openness as the most important catalysts for innovation.
It needs intelligent, empowered employees, a culture of openness and a willingness to experiment, good internal communications and a well-designed pay structure.
On one hand, Google has long promoted a culture of openness, with employees allowed to question senior executives and even mock its strategy in internal forums.
Rather, it is derived from: systematic practices aimed at enhancing trust among employees; information sharing and openness about both problems and opportunities for improvement; and a collective sense of purpose.
Investors increasingly appreciate the reputational benefits of openness, and employees want to work for firms that are leaders in disclosure and, just as importantly, ever more of them appear to see it as their civic duty to leak information if their employer is shady and secretive.Correction: A previous version of this article misspelled the name of Chris Taggart of OpenCorporates.
Ambition is what makes a company innovative, it's what spawns creative ideas and what generates candor and openness amongst employees.
Notes: This figure shows the correlation between 5-year changes in the quality of public services of a country and changes in the public sector pay gap, once other characteristics are controlled for, namely changes in the number of public employees and changes in openness; see column (4) of Table 5.
