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Port truckers pick up and deliver containers at seaports. In the United States, since trucking deregulation in 1981, they have been working as independent contractors for mostly small trucking firms. These companies contract with shippers to deliver containers. They firms are small and usually...
Persistent link: https://www.econbiz.de/10012979518
We use the staggered adoption of Wrongful Discharge Laws (WDLs) by U.S. state courts as a quasi-natural experiment to examine the causal impact of firing costs and employment protection on corporate payouts. We find that the greater employment protection imposed by WDLs leads to higher share...
Persistent link: https://www.econbiz.de/10012852195
The spread of non-standard forms of employment in industrialised and developing countries over the last decades has prompted an extensive debate on how to reshape labour regulation to accommodate these new formats. However, limited attention has been devoted to the access of non-standard workers...
Persistent link: https://www.econbiz.de/10012852841
Firms respond to laws increasing employee protection by reducing both employment and capital expenditures. They use earnings management to meet earnings benchmarks less while experiencing significantly higher returns on investments, suggesting that employee protection potentially constrains...
Persistent link: https://www.econbiz.de/10012854830
This model explains the self-selection of workers between workplaces which differ in the return to workers' skill and the level of job security. Incomplete information in the market enables the reallocation-process in which each worker chooses her best job. The model also clarifies the...
Persistent link: https://www.econbiz.de/10013057803
Purpose – This paper provides an examination of the position employees find themselves during corporate insolvencies. The paper examines employees' rights under insolvency procedures such as administration, company voluntary arrangements (CVA), administrative receivership, pre-packs and...
Persistent link: https://www.econbiz.de/10013017555
Labor courts may introduce a significant wedge between “legal” firing costs and “effective” (post-trial) firing costs. Apart from procedural costs, there is uncertainty over judges' rulings, in particular over the likelihood of a “fair” dismissal ultimately being ruled as...
Persistent link: https://www.econbiz.de/10013025774
This paper focuses on firms misclassifying workers as independent contractors instead of as employees. This means fewer and fewer workers are afforded legal workplace protections. The tests used to determine how workers should be classified are complex and convoluted. This paper argues that...
Persistent link: https://www.econbiz.de/10012988024
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