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globalization, global labor unions have been able to sign International Framework Agreements (“IFAs”) with more than 110 … multi-national firms and global labor unions. Global labor unions are labor organizations composed of national-level labor …
Persistent link: https://www.econbiz.de/10013062583
The rise of globalism has allowed businesses to expand their chains of production across the world and forced them to compete internationally. This expansion of competition has also extended to the labor market, as workers must now often compete with other workers from around the globe. This...
Persistent link: https://www.econbiz.de/10014206079
In this paper, we examine major trends and potential for cooperatives in the context of four prominent socio-economic issues: the lack of jobs, economic and social inequality, educational mobility, and the priority need for innovations. We present recent data on the amount and types of job...
Persistent link: https://www.econbiz.de/10010128230
Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little … attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship …, we find that (i) unions have, on average, a negative long-run effect on income inequality, (ii) there is considerable …
Persistent link: https://www.econbiz.de/10010406053
Awards play a large role in the economics profession, which is documented by the large variety and number of awards. However, little scientific attention has been devoted to them. This paper documents the prevalence of awards in the economics profession and analyzes the number and type of awards...
Persistent link: https://www.econbiz.de/10012719975
We examine the association between societal trust and the levels of CEO compensation and the proportion of equity-based compensation of 897 firm-years from 18 countries over the 2007- 2013 period. We find both the levels of CEO compensation as well as the proportion of equity based compensation...
Persistent link: https://www.econbiz.de/10012992285
Executive pay has become a regulatory flashpoint of the global financial crisis. In contrast to the traditional non-interventionist approach to executive compensation, it has galvanized regulators around the world to search for effective responses to the perceived problem of executive pay. These...
Persistent link: https://www.econbiz.de/10012857374
In this paper, I examine whether longer duration of executive compensation influences investment decisions. I exploit a regulation designed to foster long-term orientation in executive compensation as an exogenous trigger to lengthen executives' incentive duration. I find that treated firms...
Persistent link: https://www.econbiz.de/10013232335
One of the most puzzling aspects of executive compensation is the pay gap that exists between American and foreign Chief Executive Officers (CEOs). Commentators and the financial press have been quick to argue that such differences are the result of high agency costs, or "board capture," a...
Persistent link: https://www.econbiz.de/10014030943
This paper investigates the role of fight night bonus awards on fighter behavior in the Ultimate Fighting Championship (UFC) and World Extreme Cage (WEC) fighting mixed martial arts (MMA) promotions. Behavior is analyzed using detailed fighter performance statistics, exploiting variation in...
Persistent link: https://www.econbiz.de/10012038520