Choi, Chil Sun; Pando Sohn; Seo, Ji-Yong - In: Estudios de economía 43 (2016) 1, pp. 53-69
This study examines whether a firm’s leverage can be used strategically to improve its bargaining position with an … empirical testing, we find that the portfolio with the lowest union labor coverage has the lowest leverage, while the portfolio … with the highest union labor coverage has the highest leverage. We also find that collective bargaining power positively …