This article is an empirical examination of whether or not stockholder wealth rose in response to passage of right-to-work laws - state laws banning union shop clauses from collective bargaining agreements. Stockholder wealth rose when Louisiana passed such a law in 1976 and when Idaho did so in...

The Supreme Court has gradually narrowed the number of persons who are protected by the National Labor Relations Act should they seek to form or join a union, in part by ruling that professionals who also serve as supervisors of less skilled employees are not covered by the Act. The market';s...

This article is an empirical examination of whether or not stockholder wealth rises in response to passage of a right-to-work law—a state law banning union security clauses from collective bargaining agreements. Stockholder wealth rose when Louisiana passed such a law in 1976 and when Idaho...