Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods … (favorable) impact on investment. …

's decision to unionise (such as social custom theory). A review of the international empirical evidence shows that business cycle …

a better environmental outcome because it endows firms with more market power which they use to maximize profits. By …