Connolly, Robert A; Hirsch, Barry T; Hirschey, Mark - In: The Review of Economics and Statistics 68 (1986) 4, pp. 567-77
This study considers the effect of unions on intangible capital investment and profitability within t he context of market value rather than a more traditional accounting-based appro ach. Theory is provided suggesting unions are able to affect profitability by sh aring in the economic returns to...