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Accounting

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University of Missouri, St. Louis

Theses/Dissertations

2022

Employee ownership

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Full-Text Articles in Business

Towards A Revised Model For Cpa Firm Ownership And Compensation In A Tight Labor Market And A Changing Culture, Andrew Thomas Oct 2022

Towards A Revised Model For Cpa Firm Ownership And Compensation In A Tight Labor Market And A Changing Culture, Andrew Thomas

Dissertations

The Post Senior Manager (PSM) position is a relatively new development in accounting firms. PSMs are accountants who do not make partner either by personal choice or firm decision. Research relating to PSMs in large firms has indicated that demographics, especially gender, work-life balance issues, managerial skill, and geographic preferences, play a role in determining who becomes a PSM. Research also notes that PSMs are viewed as economically vital to firms since their high skill level and billed hours represent an essential component of firm revenue. At the same time, research notes that PSMs are often viewed unfavorably for not …