Given the long-term relationship between firms and employees, the literature suggests that managers enhance the informativeness of accounting numbers in anticipation of employee negotiations to inform their employees of the firm's underlying economics. This study complements and extends the...

Consistent with the existing evidence from a single country study, our differences-in-differences estimation finds a negative effect of employment protection legislation (EPL) provisions on labor productivity in a sample of OECD countries. Our study is distinct, however, in that we provide...