Background Status is a salient factor for social entities including individuals and firms. Previous research has indicated that firms tend to ally with partners of similar status. Nonetheless, whether status similarity can ease or hinder alliances has not been...

Background CEO-employee pay disparity, or the extent to which a CEO is paid more than a typical employee in a firm, is a highly contentious issue. On the one hand, because CEOs have valuable experiences and strong qualifications, they enjoy relatively high bargaining...