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Protecting Employee Entitlements

Author

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  • Kevin Davis
  • Geoff Burrows

Abstract

Corporate failure exposes employees to the possible loss of sums due as deferred benefits such as arise from annual leave entitlements. Through such deferred benefits, employees are significant, often involuntary, providers of working capital to their employer. They are not necessarily adequately compensated for the risk involved, nor able to influence corporate governance in the ways available to other creditors. These issues have been largely neglected in the debate to date, and they provide the focus for an evaluation of alternative policies which have been proposed (or implemented) for protecting employee entitlements.

Suggested Citation

  • Kevin Davis & Geoff Burrows, 2003. "Protecting Employee Entitlements," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(2), pages 173-180, June.
  • Handle: RePEc:bla:ausecr:v:36:y:2003:i:2:p:173-180
    DOI: 10.1111/1467-8462.00277
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    Cited by:

    1. Helen ANDERSON, 2014. "Pressing the right buttons: Australian case studies in the protection of employee entitlements against corporate insolvency," International Labour Review, International Labour Organization, vol. 153(1), pages 117-142, March.

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