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Our economic system counts on markets to allocate most of our societal resources. The law often treats markets as discrete entities, with a native intelligence and structure that provides clear answers to questions about prices and terms. In reality, of course, markets are much messier—they...
Persistent link: https://www.econbiz.de/10013246540
In 2007 private equity firms came under increasing scrutiny for the favorable tax treatment accorded to their fund managers' compensation. Labor, particularly the Service Workers International Union (SEIU), was instrumental in bringing this issue to the attention of the media and the public....
Persistent link: https://www.econbiz.de/10012771182
The consensus around shareholder primacy is crumbling. Investors, long assumed to be uncomplicated profit-maximizers, are looking for ways to express a wider range of values in allocating their funds. Workers are agitating for greater voice at their workplaces. And prominent legislators have...
Persistent link: https://www.econbiz.de/10012848084
Data analytics has revolutionized our economy, and employment is no exception. Sometimes called people analytics or HR analytics, the study of worker behavior and activity now includes the collection of massive amounts of data that is then crunched by algorithms looking for both expected and...
Persistent link: https://www.econbiz.de/10012829383
Under traditional agency law doctrine, employees are agents of their employers and owe an agent's concomitant fiduciary duties. Employers, in turn, are merely principals and have no corresponding fiduciary duties. A new wave of thinking has unsettled this approach by concluding that only...
Persistent link: https://www.econbiz.de/10012993768
Employment at-will is the default rule of termination for the vast majority of American employment relationships. The rule creates a presumption — a strong one — that the contract for employment allows either party to terminate the contract at any point in time. Since its inception, this...
Persistent link: https://www.econbiz.de/10012993776
Leading technology companies such as Google and Facebook have been experimenting with people analytics, a new data-driven approach to human resources management. People analytics is just one example of the new phenomenon of “big data,” in which analyses of huge sets of quantitative...
Persistent link: https://www.econbiz.de/10012993786
Efforts to address income inequality generally focus on wealth redistribution through taxation and government benefits. But these efforts do not attack the core problem -- the unfair distribution of wealth at the firm level. This essay, a contribution to the "Inequality, Opportunity, and the Law...
Persistent link: https://www.econbiz.de/10012996835
Persistent link: https://www.econbiz.de/10012778788
Are platform workers part of a firm or are they working as individual businesses? Are they providing their labor as part of a team, or do they hold on to individual capital throughout their transactions? This essay explores the question of employee versus independent contractor through the...
Persistent link: https://www.econbiz.de/10014111203