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Trade Exposure and the Decline in Collective Bargaining: Evidence from Germany
Baumgarten, Daniel; Lehwald, Sybille - 2019
We analyze the effect of the increase in trade exposure induced by the rise of China and the transformation of Eastern Europe on collective bargaining coverage of German plants in the period 1996–2008. We exploit cross-industry variation in trade exposure and use trade flows of other...
Persistent link: https://www.econbiz.de/10012052860
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Strikes, Employee Workplace Representation, Unionism, and Industrial Relations Quality in European Establishments
Addison, John T. - 2019
councils are associated with reduced strike activity. However, where union members make up a majority of works councillors …, such union-dominated councils experience greater strike activity than do their counterparts with minority union membership …, and also more strikes than establishments with union workplace representation where union members are in a minority …
Persistent link: https://www.econbiz.de/10012892227
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Trade Exposure and the Decline in Collective Bargaining : Evidence from Germany
Baumgarten, Daniel - 2019
We analyze the effect of the increase in trade exposure induced by the rise of China and the transformation of Eastern Europe on collective bargaining coverage of German plants in the period 1996--2008. We exploit cross-industry variation in trade exposure and use trade flows of other...
Persistent link: https://www.econbiz.de/10012865917
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Do Mergers Among Multimarket Firms Create Value?
Linde, Sebastian; Siebert, Ralph - 2016
Merger value is frequently evaluated in single market contexts without considering possible gains stemming from firms' multimarket presence. This study concentrates on the question through which channels, and of which magnitude, mergers among multimarket firms create incremental value. We...
Persistent link: https://www.econbiz.de/10011555581
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The Diffusion of Knowledge via Managers' Mobility
Mion, Giordano; Opromolla, Luca David; Sforza, Alessandro - 2016
Better managers and managerial practices lead to better firm performance. Yet, little is known about what happens when managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge the manager has acquired and successfully diffused...
Persistent link: https://www.econbiz.de/10011584955
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Decision Initiation, Decision Implementation, and the Allocation of Decision Rights
Sloof, Randolph; von Siemens, Ferdinand - 2015
Organizations must not only take the right decisions, they must also ensure that these decisions are effectively implemented. Fama & Jensen (1983) argue that the same members of many organization are often responsible for both decision initiation and implementation. If these have social...
Persistent link: https://www.econbiz.de/10011388180
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Yes, managers should be paid like bureaucrats
Frey, Bruno S.; Osterloh, Margit - 2005
Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot be...
Persistent link: https://www.econbiz.de/10010261124
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Firm-specific characteristics and the timing of foreign direct investment projects
Raff, Horst; Ryan, Michael - 2006
This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. We divide each firm's investment total into a sequence of individual investment decisions and analyze how firm-specific characteristics affect each decision....
Persistent link: https://www.econbiz.de/10010264039
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Business strategy and firm reorganization under changing market conditions
Ghosal, Vivek - 2009
This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...
Persistent link: https://www.econbiz.de/10010266037
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Behavioral economics as applied to firms: A primer
Armstrong, Mark; Huck, Steffen - 2010
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10010266070