Traditionally, corporations which complied with the dictates of applicable legislation would have regarded not just their legal, but also their social obligations, as ending at that point. Socio-legal research suggests that corporations complied with law only for instrumental reasons (to avoid...

This paper considers the institutional factors that shape regulatory officials' perceptions of risks to human health and safety and their attitudes towards associated regulation. In particular, the paper considers the extent to which the perceptions of risk and regulation of officials...

In the literature on environmental risk management in firms, it is often proposed that environmental performance and innovation are driven primarily by external forces, such as regulatory or market pressures. But gradually, organisational forces in business itself are also suggested as drivers...

This paper analyses the international equity holdings of a large panel of UK pension funds. We find considerable evidence of market timing activity, as illustrated by the funds' decision to scale back their investments in the US stock market during the 1990s. To explain this we model portfolio...

This paper examines demand for union membership amongst young workers in Britain, Canada and the United States. The paper benchmarks youth demands for collective representation against those of adult workers and finds that a large and significant representation gap exists in all three countries....

This paper estimates the size of the union membership wage premium by comparing wage outcomes for unionised workers with ''matched'' non-unionised workers. The method assumes selection on observables. For this identifying assumption to be plausible, one must be able to control for all...

This paper investigates the benefits of allowing households to compensate the portfolio distortion due to their housing consumption through investments in housing price derivatives. Focusing on the London market, we show that a major loss from over-investment in housing is that households are...

This article examines how and why employers cooperate in the provision of training. Such cooperation has a long history in Britain, but it has varied over time in extent and strength. It exists in a strong form in the German speaking countries where employers'' organisations and chambers of...

In this paper, Jonathan Di John critically examines the so-called 'rentier state' argument, the idea that abundance of natural resources causes poor growth, and raises the incidence, intensity and duration of conflict. The basic premise of the rentier state model is that rentier state leaders,...