Skip to main content

ETHNOS_APP

Home • Search • Journals • List 0

The Power of Transparency

Evidence from a British Workplace Survey

Bibliographic Data

ID4522232
AuthorsJake Rosenfeld (Washington University in St. Louis, corresponding author), P Denice (0000-0002-7997-8313, University of Washington)
Year2015
Volume80
Issue5
Pages1045-1068
Publication date2015-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Sociological Review (JOURNAL)
Journal identifiersISSN: 0003-1224 • E-ISSN: 1939-8271
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0003122415597019
OpenAlexW2235688199
LanguageEN
Citations received15
References cited33

Does the dissemination of organizational financial information shift power dynamics within workplaces, as evidenced by increasing workers' wages? That is the core question of this investigation. We utilize the 2004 and 2011 series of the British Workplace Employment Relations Survey (WERS) to test whether employees who report that their managers disclose workplace financial data earn more than otherwise similar workers not privy to such information. Our findings suggest that disclosure results in higher wages for workers after adjusting for profit and productivity levels and a range of other workplace and worker characteristics. We estimate that workers who report their managers are "very good" at sharing organizational financial information outearn those who report their managers are "very poor" at financial disclosure by between 8 and 12 percent. We argue that disclosure is a key resource that reduces information asymmetries, thereby providing legitimacy to workers' claims in wage bargaining. More broadly, our focus on managerial transparency and its effects on worker earnings reveals a largely ignored characteristic of modern workplaces that has implications for contemporary trends in inequality and wage stagnation in Great Britain and other liberal market economies

Bargaining power · Business · Collective bargaining · Earnings · Economic growth · Economics · Labour economics · Legitimacy · Management · Political science · Productivity · Transparency (behavior · Wage · Accounting · Gender Diversity and Inequality · Housing, Finance, and Neoliberalism · Industrial relations · Labor Movements and Unions

  • Modern Slavery Disclosure Regulation and Global Supply Chains

    Open Access•Muhammad Azizul Islam, Chris J Van Staden•Journal of Business Ethics•2022

  • Tracing two faces of extended visibility

    Open Access•Oh-Jung Kwon•Quality & Quantity•2022

  • Organizations as the building blocks of social inequalities

    Open Access•D Avent-Holt, D Tomaskovic-Devey•Sociology Compass•2019

  • Power at a distance

    Open Access•T Bartley, Matthew Soener et al.•Sociology Compass•2019

  • Fairness uncertainty and pay information exchange

    Open Access•Michelle Brown, Peter Bamberger et al.•Journal of Organizational Behavior•2023

  • Don’t ask or tell

    Open Access•Jake Rosenfeld•Social Science Research•2017

  • Equal Wage for Equal Work? Gender Wage Equality in Diverse Labour Market Contexts

    Open Access•Alena Křížková, Kristýna Pospíšilová•Czech Sociological Review•2022

  • Why Has Computerization Increased Wage Inequality? Information, Occupational Structural Power, and Wage Inequality

    Open Access•T Kristal•Work and Occupations•2020

  • The class dynamics of income shares

    Open Access•D Avent-Holt•Socio-Economic Review•2019

  • Watercooler Democracy

    Open Access•K Sobering•Work and Occupations•2019

  • Health Power Resources Theory

    Open Access•M M Reynolds•Journal of Health and Social…•2021

  • Toward a Sociology of Privacy

    D Anthony, Celeste Campos-Castillo et al.•Annual Review of Sociology•2017

  • Is The Sky the Limit? Fair Executive Pay as Performance Rises

    Open Access•Esra Burak•Social Problems•2018

  • Pay talk in contemporary workplaces

    Open Access•P Denice, Jake Rosenfeld et al.•Social Forces•2025

  • Workplace financial transparency and Job distress

    Open Access•H Zheng, James K Hurst et al.•Social Science Research•2021

  • What Unions No Longer Do

    Jake Rosenfeld•What Unions No Longer Do•2014

  • Relational Inequality

    D Avent-Holt, D Tomaskovic-Devey•Social Forces•2012

  • Bringing the Firms Back in

    James N Baron, William T Bielby•American Sociological Review•1980

  • A Relational Theory of Earnings Inequality

    Open Access•D Avent-Holt, D Tomaskovic-Devey•American Behavioral Scientist•2014

  • Human Resources from an Organizational Behavior Perspective

    Open Access•J Pfeffer•The Journal of Economic…•2007

  • Does Firm Size Matter Anymore? The New Economy and Firm Size Wage Effects

    Open Access•Matissa N Hollister, Matissa Hollister•American Sociological Review•2004

  • Working for the Woman? Female Managers and the Gender Wage Gap

    Open Access•Philip N Cohen, Matt L Huffman•American Sociological Review•2007

  • Best Practices or Best Guesses? Assessing the Efficacy of Corporate Affirmative Action and Diversity Policies

    Open Access•A Kalev, Frank Dobbins et al.•American Sociological Review•2006

  • Bringing Managers Back In

    Open Access•Emilio J Castilla•American Sociological Review•2011

  • Providing Business Information to Production Workers

    Morris M Kleiner, Marvin L Bouillon et al.•Industrial and Labor Relations…•1988

  • Information Sharing and Collective Bargaining in Japan

    Open Access•Motohiro Morishima•Industrial and Labor Relations…•1991

  • Sexual Harassment in Organizational Context

    Open Access•Lindsey Joyce Chamberlain, Martha Crowley et al.•Work and Occupations•2008

  • Organizational Approaches to Inequality

    Kevin Stainback, D Tomaskovic-Devey et al.•Annual Review of Sociology•2010

  • Power Processes in Bargaining

    Open Access•Edward J Lawler•Sociological Quarterly•1992

  • Cracking the Glass Cages? Restructuring and Ascriptive Inequality at Work

    A Kalev•American Journal of Sociology•2009

  • Gender, Race, and Meritocracy in Organizational Careers

    Emilio J Castilla•American Journal of Sociology•2008

  • Earnings inequality within organizations

    Open Access•T Shin•Social Science Research•2009

Unique citing works15
Citations per year1,67
Citation span2017 - 2025 (9)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 15

Tools

Open DOISci-Hub
Ethnos_APP • Open Source Project • MIT License • Frontend v2.0.0 • Privacy and Cookies • API Documentation: api.ethnos.app/docs • API Source Code: GitHub • DOI: 10.5281/zenodo.17049435 • Frontend Source Code: GitHub • DOI: 10.5281/zenodo.17050053 • cruz.rio.br • Expectantes Misericordiae