Cronqvist, Henrik; Heyman, Fredrik; Nilsson, Mattias; … - 2007
Finance Association, European Economic Association, Financial Management Association (U.S. and European meetings),
Western …. Through generous long-term wage contracts, CEOs can create a
management-worker alliance and turn workers and their unions …
more takeover pressure, in which case a management-labor alliance as protection against a control threat might be
most …