Stakeholders Bargaining And Strikes
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Does Capital Structure Affect the Behavior of Non-Financial Stakeholders? An Empirical Investigation Into Leverage and Union Strikes
Author | : Brett W. Myers |
Publisher | : |
Total Pages | : 34 |
Release | : 2016 |
Genre | : |
ISBN | : |
We use contract negotiation data to study how leverage affects the interaction between firms and an important non-financial stakeholder, labor unions. Consistent with the idea that leverage diminishes the bargaining position of labor, we find that unions are less likely to strike when a firm has high leverage or increases leverage prior to a contract negotiation. We also find large leverage increases after a strike, consistent with the idea that firms intentionally use leverage to improve their bargaining position. This post-strike increase in leverage particularly pronounced when the union wins the strike. Moreover, we do not find any clear indication that such increases in leverage are linked to changes in investments. In addition, firms that experience a strike subsequently invest more internationally and in right-to-work states where union are afforded fewer legal protections, and they increase their disposal of production units that are located in states where strikes have occurred.
Management Strike Handbook
Author | : Lee T. Paterson |
Publisher | : |
Total Pages | : 78 |
Release | : 1974 |
Genre | : Business & Economics |
ISBN | : |
Empirical Capital Structure
Author | : Christopher Parsons |
Publisher | : Now Publishers Inc |
Total Pages | : 107 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 160198202X |
Empirical Capital Structure reviews the empirical capital structure literature from both the cross-sectional determinants of capital structure as well as time-series changes.
Fundamentals of Business (black and White)
Author | : Stephen J. Skripak |
Publisher | : |
Total Pages | : 442 |
Release | : 2016-07-29 |
Genre | : |
ISBN | : 9780997920116 |
(Black & White version) Fundamentals of Business was created for Virginia Tech's MGT 1104 Foundations of Business through a collaboration between the Pamplin College of Business and Virginia Tech Libraries. This book is freely available at: http://hdl.handle.net/10919/70961 It is licensed with a Creative Commons-NonCommercial ShareAlike 3.0 license.
Strike Ballots, Democracy, and Law
Author | : Breen Creighton |
Publisher | : Oxford University Press |
Total Pages | : 320 |
Release | : 2020-11-05 |
Genre | : Law |
ISBN | : 0192642634 |
International law and most national legal systems recognize the right to strike as a fundamental human right. However, the most common qualification for a strike is that the action must first be approved by ballot. These types of requirements are often said to be necessary to protect the democratic rights of the workers - the so-called democratic imperative. But is that truly their aim? This book draws on detailed empirical study of the Australian legislative provisions for pre-strike ballots; a comparative analysis of law and practice in a range of countries including Canada, South Africa, the United States, and the United Kingdom; and the approaches of the supervisory bodies of the International Labour Organisation to evaluate the true purpose and effect of the ballot requirement. While in some cases the ballot requirement provided additional bargaining leverage for unions, overall, the study showed that the principle purpose of ballot requirements is to curtail strikes rather than vindicate the democratic imperative it claims to support. Exploring collective bargaining and union democracy, this is an essential title for those involved in or studying labour law. This book also demonstrates the fundamental shortcomings of ballot regimes, and provides and accessible exploration of the operation of said regimes, which makes this a helpful tool for unionists to understand their rights as workers. It also considers significant policy questions in the field and is relevant in the respect of the international labour law regime.
Bargaining and Strikes
Author | : Oliver D. Hart |
Publisher | : |
Total Pages | : 47 |
Release | : 1986 |
Genre | : Collective bargaining |
ISBN | : |
Collective Bargaining in Education
Author | : Jane Hannaway |
Publisher | : Harvard Education Press |
Total Pages | : 396 |
Release | : 2006-02-01 |
Genre | : Education |
ISBN | : 1612500080 |
This timely and comprehensive volume will spur and strengthen public debate over the role of teachers unions in education reform for years to come. Collective bargaining shapes the way public schools are organized, financed, staffed, and operated. Understanding collective bargaining in education and its impact on the day-to-day life of schools is critical to designing and implementing reforms that will successfully raise student achievement. But when it comes to public discussion of school reform, teachers unions are the proverbial elephant in the room. Despite the tremendous influence of teachers unions, there has not been a significant research-based book examining the role of collective bargaining in education in more than two decades. As a result, there is little basis for a constructive, empirically grounded dialogue about the role of teachers unions in education today.