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Persistent link: https://www.econbiz.de/10011850283
governance and review the rationale for what we term strategic partnerships' between management and labor. The paper describes … discussion of strategic issues: negotiated union-management partnership agreements, and union representation on corporate boards …
Persistent link: https://www.econbiz.de/10012469109
work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders …
Persistent link: https://www.econbiz.de/10012463112
. It reduces organizing success by lowering profits, thus giving management a greater incentive to oppose unions. It shows … that in the traditional monopoly model, any given premium can cause management to donate more resources to opposing a union …
Persistent link: https://www.econbiz.de/10012477331
Both managerial ownership and performance are endogenously determined by exogenous (and only partly observed) changes in the firm's contracting environment. We extend the cross-sectional results of Demsetz and Lehn (1985) and use panel data to show that managerial ownership is explained by key...
Persistent link: https://www.econbiz.de/10012471259
penalty affect their monitoring. Our results suggest that they are more likely to vote against management after observing how …
Persistent link: https://www.econbiz.de/10012585458
CEOs of public companies have influence over the political spending of their firms, which has been attracting significant attention since the Supreme Court decision in Citizens United. Furthermore, the policy views expressed by CEOs receive substantial consideration from policymakers and the...
Persistent link: https://www.econbiz.de/10012479765
Stock prices are more informative when the information has less social value. Speculators with limited resources making costly (private) information production decisions must decide to produce information about some firms and not others. We show that producing and trading on private information...
Persistent link: https://www.econbiz.de/10012463704
Compensation, status, and press coverage of managers in the U.S. follow a highly skewed distribution: a small number of … books. The incidence of earnings management increases after winning awards. The effects are strongest in firms with weak … that the ex-post consequences of media-induced superstar status for shareholders are negative …
Persistent link: https://www.econbiz.de/10012464506
management and governance that deserves the attention of researchers …
Persistent link: https://www.econbiz.de/10012464945