The book provides a comprehensive, comparative treatment of the development of New Investment Funds (NIFs)--private equity, hedge funds, and sovereign wealth funds--and their impact upon labour and employment. Several countries are selected for in-depth treatment with a chapter devoted to each:...

This book is about the relationship between corporate governance regimes and labour management. It examines how finance and governance influence employment relationships, work organization, and industrial relations by means of a comparative analysis of Anglo-American, European, and Japanese...

Drawing on principal-agent perspectives on corporate governance, this paper examines whether employees' hourly pay is linked to ownership dispersion. Using linked workplace-worker data from the British Workplace Employment Relations Survey (WERS) 2011, we find average hourly pay is higher in...

One feature of the global economy in recent years has been the increasing number and importance of new investment funds (private equity (PE), hedge funds (HFs), and sovereign wealth funds (SWFs)), which are sometimes referred to as alternative investment funds (AIFs). This increase has...

This report examines whether investment funds – in particular, private equity, hedge funds and sovereign wealth funds – help to revive underperforming companies and thereby contribute to employment growth or whether, on the contrary, they strive to maximise financial returns at the expense...