A different point of view in collective bargaining: legal perspective versus business perspective
AbstractThis paper aims to describe the different point of view in collective behavior between legal context and business context. As in business context, in which collective bargaining concerns about a monetary system, a group of farmers can use collective bargaining as a tool to deal with injustice negotiation. Nowadays, a number of goods and services produced/provided are discovered to be determinate; namely, higher or lower wage of the workers, resulted from winning or losing the collective bargaining will affect to the price of goods sold or services provided. Collective bargaining is not an obsolete idea. The way to use it advantageously is depended on how much power bargainers realize they have. The strategy of collective bargaining in both legal and business perspective may be similar in some ways; but however, the format of conducting it may be different. In conclusion, to sustain the relationship between employees and employer or buyers and seller is to maximize both parties profit. When the needs of both parties are fulfilled, the outcomes will generate benefit for the society and all stakeholders.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40952.
Date of creation: 30 Aug 2012
Date of revision:
Collective Bargaining; Bargaining; Business Negotiation; Legal Negotiation; Negotiation; Labor Law; Employment Law; Law;
Find related papers by JEL classification:
- M19 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Other
- M54 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Labor Management
- M51 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Firm Employment Decisions; Promotions
- K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law
- J83 - Labor and Demographic Economics - - Labor Standards - - - Workers' Rights
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-09 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kenneth O. Alexander, 1971. "Conglomerate mergers and collective bargaining," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 24(3), pages 354-388, April.
- David A. Matsa, 2010. "Capital Structure as a Strategic Variable: Evidence from Collective Bargaining," Journal of Finance, American Finance Association, American Finance Association, vol. 65(3), pages 1197-1232, 06.
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