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Sluggish Institutions in a Dynamic World : Can Unions and Industrial Competition Coexist?
Hirsch, Barry T. - 2021
During the 1930s and 1940s, collective bargaining emerged as the workplace governance norm in much of the U.S. industrial sector. Following its peak in the 1950s, union density in the U.S. private sector fell steadily, to only 7.4 percent in 2006. Governance shifted from a formalized union norm...
Persistent link: https://www.econbiz.de/10013316913
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Wage Determination in the U.S. Airline Industry : Union Power Under Product Market Constraints
Hirsch, Barry T. - 2021
The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing … product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health … of carriers. Since airline deregulation, compensation has waxed and waned in response to the industry's economic …
Persistent link: https://www.econbiz.de/10013317367
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How Do Airlines Cut Fuel Usage, Reducing Their Carbon Emissions?
Brueckner, Jan K.; Kahn, Matthew E.; Nickelsburg, Jerry - 2023
Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …. Changes in airline operations directed toward conserving fuel can be an important path toward lower emissions …
Persistent link: https://www.econbiz.de/10014348423
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Does Corporate Governance Reform Necessarily Boost Firm Performance? Recent Evidence from Russia
Kuznecovs, Mihails - 2012
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10013106948
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What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009
Fabbri, Francesca - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10013108264
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CEO and Board Characteristics as Determinants of Private Benefits of Control : Evidence from the Russian Stock Exchange
Berezinets, Irina - 2012
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10013112769
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Firm Performance and Managerial Turnover : The Case of Ukraine
Muravyev, Alexander - 2009
The paper studies whether and how CEO turnover in Ukrainian firms is related to their performance. Based on a novel dataset covering Ukrainian joint stock companies in 2002-2006, the paper finds statistically significant negative association between the past performance of firms measured by...
Persistent link: https://www.econbiz.de/10013156404
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All on Board? New Evidence on Board Gender Diversity from a Large Panel of Firms
Tyrowicz, Joanna - 2020
women remain rare in both boards of firms in Europe: approximately 70% have no women directors on their supervisory boards …
Persistent link: https://www.econbiz.de/10012843707
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Expertise and Independence on Governing Boards : Evidence from School Districts
Shi, Ying - 2019
In this paper, we study the roles of expertise and independence on governing boards in the context of education. In particular, we examine the causal influence of professional educators elected to local school boards on education production. Educators may bring valuable human capital to school...
Persistent link: https://www.econbiz.de/10012867992
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The Gender Composition of Corporate Boards and Firm Performance : Evidence from Russia
Garanina, Tatiana - 2019
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded on the national stock market between 1998 and 2014. Using multiple identification approaches, alternative...
Persistent link: https://www.econbiz.de/10012868825