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We estimate the effect of new unionization on firms’ equity value over the 1961-1999 period using a newly assembled sample of National Labor Relations Board (NLRB) representation elections matched to stock market data. Event-study estimates show an average union effect on the equity value of...
Persistent link: https://www.econbiz.de/10011150169
We estimate the effect of new unionization on firms’ equity value over the 1961-1999 period using a newly assembled sample of National Labor Relations Board (NLRB) representation elections matched to stock market data. Event-study estimates show an average union effect on the equity value of...
Persistent link: https://www.econbiz.de/10005436077
We estimate the effect of new unionization on firms’ equity value over the 1961-1999 period using a newly assembled sample of National Labor Relations Board (NLRB) representation elections matched to stock market data. Event-study estimates show an average union effect on the equity value of...
Persistent link: https://www.econbiz.de/10005738575
It would be hard, even today, to deny that labour unions are important economic institutions, and it is this importance … that makes their consequences for efficiency so substantial. Interest in the economic analysis of unions was revived in the …
Persistent link: https://www.econbiz.de/10011150154