Most plaintiffs in employment termination cases will ultimately become re-employed. However, for some plaintiffs the termination of their employment produces significant economic damage to their earnings, retirement pension, and fringe benefits. For other plaintiffs, an employment termination...

Even a victim of the most egregious discrimination may recover little monetary relief if the defendant discovers, after firing the employee, that she committed some firable offense. Yet the case in which the Supreme Court so held, McKennon v. Nashville Banner Publishing, was widely viewed as a...

We investigate the decision by a sample of Continental European firms to voluntarily adopt the International Accounting Standards (IAS) or U.S. GAAP. The strong employment protection laws in Continental Europe lead to labor practices that lack responsiveness to firm underlying economic...

The Supreme Court in a recent ruling tried to override the definition of industry given by Justice Krishna Iyer in the Bangalore Water Supply case in 1978. This article speaks about the legal and the social effects of the change in the law

Currently, CEO pay is determined by a company's board of directors, subject to limited shareholder approval in certain circumstances. However, as Lucian Bebchuk and Jesse Fried have argued, directors and CEOs do not necessarily engage in real arms length bargaining over CEO pay. Instead, CEOs...

Employee share ownership (ESO) has been the subject of significant public policy debate. In these debates, ESO plans are usually said to be implemented for a variety of reasons including alignment of employer and employee interests, increased employee productivity, improved workplace harmony,...

The United States Supreme Court's two-pronged affirmative defense for employers against employees' workplace harassment claims initially provided little guidance about employer best practices but subsequent case law has demonstrated measures that employers can implement to receive the...

Employee share ownership (quot;ESOquot;) schemes have recently been the subject of public policy interest in Australia. Employees owning shares in the company for which they work potentially has a number of ramifications, not least of which is the prospect that these schemes might circumvent the...

There were 47 million participants in 401(k) plans in 2005, up from just 8 million in the 1980s. More than 90 percent of 401(k) plan participants can choose how to invest their accounts, and nearly half invest in stock funds. That's a lot of money and a lot of investors. At bottom, the...