Event study methodology was used to assess the effects of both layoff and employment guarantee announcements on shareholder returns. The Wall Street Journal was used to identify 368 firms that announced layoffs and 13 firms that announced employment guarantees in 1993 or 1994. The results were...

The impact of union membership on employees’ intent to leave their jobs was examined to test the effect of unions’ “voice” face. Regression analyses showed a significant, negative relationship between union membership and employees’ intent to leave. In addition, the data revealed...

The decline of unions in the U.S. is a salient issue for workers, and a number of studies have demonstrated the relationships between worker attitudes and unionization. The vast majority of this research pertains to workers' attitudes toward the union as an organization, but little has examined...

Abstract This study examined the impact of union membership on employees' intent to leave their jobs across a number of facets of satisfaction, as a further test of unions' voice face. Among the findings were that there were significant relationships between job, compensation, benefits, working...

Institutional theories of organizational behavior consistently implicate the professions in explaining the diffusion of new organizational practices, yet there has been little empirical study of precisely what role the professions play. We address that issue by exploring the role of the...

The impact of Gilmer v. Interstate/Johnson Lane Corp., was assessed by examining the effect of the decision on shareholder returns in two samples of firms. Shareholder returns of securities firms rose between 5% and 6% in response to the decision, indicating that firms in the securities industry...

Employees desire for unionization has been studied often, and one finding that has been reached consistently is that employee satisfaction helps account for employee desire for representation. Employees who are more dissatisfied with various aspects of their jobs are more likely to demand...

Regression analyses based on a sample of 3372 nonunionized and unionized employees showed that, while the desire to join a union is associated with a wide range of work attitudes, perceived company performance, and facets of satisfaction, one's desire to leave one's union is associated with a...

Research has shown that a firm's reputation influences the amount investors are willing to pay for that firm's securities. Therefore, securities of firms with a good reputation should be valued higher than firms with a poor reputation, ceteris paribus. In this study, we use event study...