We examine the potential for management-worker alliances when employees have substantial voting rights, and how such alliances affect the balance of...
Economic models routinely assume firms maximize shareholder wealth; however common law legal systems only require that officers and directors pursue...
We hypothesize that labor participation in governance helps improve risk sharing between employees and employers. It provides an ex-post mechanism to...
This paper presents findings from analysis of a dataset of labour laws, based on the Centre for Business Research Labour Regulation Index (CBR-LRI),...