The impact of Gilmer v. Interstate/Johnson Lane Corp., was assessed by examining the effect of the decision on shareholder returns in two samples of firms. Shareholder returns of securities firms rose between 5% and 6% in response to the decision, indicating that firms in the securities industry...

Employees desire for unionization has been studied often, and one finding that has been reached consistently is that employee satisfaction helps account for employee desire for representation. Employees who are more dissatisfied with various aspects of their jobs are more likely to demand...

The impact of union membership on employees’ intent to leave their jobs was examined to test the effect of unions’ “voice” face. Regression analyses showed a significant, negative relationship between union membership and employees’ intent to leave. In addition, the data revealed...

Regression analyses based on a sample of 3372 nonunionized and unionized employees showed that, while the desire to join a union is associated with a wide range of work attitudes, perceived company performance, and facets of satisfaction, one's desire to leave one's union is associated with a...

This article is an empirical examination of whether a wrongful discharge statute is beneficial or detrimental for employers. The wrongful discharge statute in question is the Montana Wrongful Discharge From Employment Act, and the empirical test examines the effect of the Act on the stock prices...

The Supreme Court has gradually narrowed the number of persons who are protected by the National Labor Relations Act should they seek to form or join a union, in part by ruling that professionals who also serve as supervisors of less skilled employees are not covered by the Act. The market';s...

Event study methodology was used to assess the effects of both layoff and employment guarantee announcements on shareholder returns. The Wall Street Journal was used to identify 368 firms that announced layoffs and 13 firms that announced employment guarantees in 1993 or 1994. The results were...