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can be overturned when firms face international low-wage competition. -- Trade Unions ; Productivity ; Firm Performance …
Persistent link: https://www.econbiz.de/10003835154
The effects of unions on productivity and firm performance have been the topic of extensive research. Existing studies … unions ; heterogeneous firms ; productivity ; firm performance …
Persistent link: https://www.econbiz.de/10003929223
This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised bargaining induces tougher selection among heterogeneous producers and thus...
Persistent link: https://www.econbiz.de/10013159889
The purpose of our paper is to examine the profitability and social desirability of both domestic and foreign mergers in a location-quantity competition model, where we allow for the possibility of hollowing-out of the target firm. We refer to hollowing-out as the situation where the target firm...
Persistent link: https://www.econbiz.de/10003933343
This study investigates the role of firm-level discount factors in evaluating the impact of mergers on market outcomes. Discount factors reflect time preferences for future cash flows and are used to determine the present value of investment projects such as mergers. Firm-specific discount...
Persistent link: https://www.econbiz.de/10012958337
In this paper, we try to determine the effect of the presence of family shareholders on company performance in the absence of external corporate governance. Our empirical results using Anderson et al. (2009, 2012)'s family firm data suggests that family firms exhibit superior firm performance...
Persistent link: https://www.econbiz.de/10012984236
The aim of this paper is to study both the private and the social desirability of a mixed bundling strategy that generates a cost savings effect. We confirm that mixed bundling is the dominant strategy for multiproduct firms, although it may give rise to a prisoner's dilemma. Moreover, we show...
Persistent link: https://www.econbiz.de/10011713811
Persistent link: https://www.econbiz.de/10011343688
Persistent link: https://www.econbiz.de/10013455035
The impact of unions on firm performance has been the subject of debate and controversy in most industrialized … scope and limitations of the economic analysis of unions as well as the controversies surrounding the conclusions of … existing empirical research. Although it is difficult to draw firm and general conclusions on the effects of unions on firm …
Persistent link: https://www.econbiz.de/10012389433