Providing business information to production workers: Correlates of compensation and profitability
AbstractThis study investigates some of the effects of a company's providing production workers with information on its financial condition, productivity, and relative standing in the labor market. Analyzing survey responses of business executives from 106 firms together with financial data on the companies from COMPUSTAT II for 1984, the authors find that information-sharing was positively related to the level of wages and benefits and unrelated to productivity in both union and nonunion businesses, and that it had a significant negative relationship to profits and cash flows in nonunion businesses. (Abstract courtesy JSTOR.)
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Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 41 (1988)
Issue (Month): 4 (July)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
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- Howard Gospel & P Willman, 2004. "Comparatively Open: Statutory Information Disclosure for Consultation and Bargaining in Germany, France and the UK," CEP Discussion Papers dp0615, Centre for Economic Performance, LSE.
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- Chen, Tsung-Kang & Chen, Yan-Shing & Liao, Hsien-Hsing, 2011. "Labor unions, bargaining power and corporate bond yield spreads: Structural credit model perspectives," Journal of Banking & Finance, Elsevier, vol. 35(8), pages 2084-2098, August.
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