The disclosure of information by management to employees varies significantly between workplaces. The effects of this variance on organizational performance are analysed using WERS98 data. The results show that the impact of information disclosure on organisational performance is more complex...

Efficient market models cannot explain the high level of trading in financial markets in terms of asset portfolio adjustment. It is presumed that much of this excessive trading is irrational 'noise' trading. A corollary is that there must either be irrational traders in the market or rational...

The article examines the correlates of variable levels of information disclosure by management to employees in the UK. It develops several hypotheses that are tested using 1998 and 2004 Workplace Employment Relations Survey data. The results show that managerial perceptions of goal alignment by...

The radical changes instituted in the regulation of privatized public utilities in the UK in the 1980s and early 1990s have been the subject of extensive discussion, and have been partly instrumental in the development of 'regulatory economics' more widely. In this paper we argue that the...

The paper develops a model of trade union behaviour based on the concept of the viable bargaining unit. Viability rests on five conditions: membership level, service level, membership participation, employer recognition, and facilities. Unions are seen as portfolios of viable and inviable...

The disclosure of information by management to employees varies significantly between workplaces. The effects of this variance on organizational performance are analysed using WERS98 data. The results show that the impact of information disclosure on organizational performance is more complex...

By now there should be little ignorance about the advent of the new micro‐electronics technology, large scale integrated circuits made up from little pieces of metal oxited silicon wafers — the so‐called silicon chips. These tiny chips, less than five mm square, can contain microprocessors...