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Union Shareholder Activism in the Context of Declining Labour Law Protection: four Australian case studies

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  • Kirsten Anderson

    (Faculty of Law at the University of Melbourne)

  • Ian Ramsay

    (Faculty of Law at the University of Melbourne)

  • Shelley Marshall

    (Law Faculty at the University of Melbourne)

  • Richard Mitchell

Abstract

In the face of declining prominence and influence under industrial relations laws regulating Australian workplaces, Australian trade unions appear increasingly to be directing their attention to Corporations Law as a mechanism for pursuing union and employee "voice" within corporate business organisation. This paper undertakes an examination of four recent "union shareholder" campaigns, the circumstances in which they were undertaken, the objectives of the "union shareholder" strategies and the outcomes of the campaigns. The paper also opens up for consideration whether union shareholder activism is merely a new strategy for pursuing conventional industrial aims, or whether it potentially represents a move by unions to identify themselves as "insiders" with a dual interest in the profitability and governance of the corporation as both shareholders and stakeholders. Copyright (c) 2007 The Authors; Journal compilation (c) 2007 Blackwell Publishing Ltd.

Suggested Citation

  • Kirsten Anderson & Ian Ramsay & Shelley Marshall & Richard Mitchell, 2007. "Union Shareholder Activism in the Context of Declining Labour Law Protection: four Australian case studies," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(1), pages 45-56, January.
  • Handle: RePEc:bla:corgov:v:15:y:2007:i:1:p:45-56
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    Cited by:

    1. Katinka C. Van Cranenburgh & Daniel Arenas & Jennifer Goodman & CĂ©line Louche, 2014. "Religious organisations as investors: a Christian perspective on shareholder engagement," Post-Print hal-01067933, HAL.

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