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.S. corporate law substantially closer to European countries like Denmark, Germany, and Sweden, where worker codetermination has … codetermination’s economic impact on corporations and their employees. This Article focuses on a different issue. It examines … codetermination’s potential for protecting our democracy against the dangers inherent in the accumulation of extreme wealth and power …
Persistent link: https://www.econbiz.de/10013236377
The development of marginalist, or neoclassical, economics led to a fifty-year long crisis in competition theory. Given an industrial structure with sufficient fixed costs, competition always became quot;ruinous,quot; forcing firms to cut prices to marginal cost without sufficient revenue...
Persistent link: https://www.econbiz.de/10012758884
Historically, every country had its own accounting standards, each merging to some extent with its local corporate, labor, and tax laws. No matter how undesirable, it was natural to expect differences among nations. Globalization made these differences so impractical that from corporate leaders...
Persistent link: https://www.econbiz.de/10012900528
While the turn from traditional regulation to more collaborative, experimentalist, and flexible forms of governance has garnered significant academic focus, far less attention has been paid to the effects of such “New Governance” approaches on regulated firms’ understanding of the laws’...
Persistent link: https://www.econbiz.de/10014189576
This paper is an empirical assessment of the comparative efficiency of governance structures in an environment marked by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric utilities in the United States. We argue that there are...
Persistent link: https://www.econbiz.de/10014031113
This study examines the U.S. commerce in human cadavers for medical education and research to explore variation in legitimacy in trades involving similar goods. It draws on archival, interview, and observational data mainly from NewYork State to analyze market participants’ efforts to...
Persistent link: https://www.econbiz.de/10014041909
Across the country at work each day, many people are subjected to the dangerous and potentially deadly fumes of secondhand tobacco smoke. The U.S. Environmental Protection Agency has classified secondhand tobacco smoke in the most hazardous group of carcinogens, and some studies have shown...
Persistent link: https://www.econbiz.de/10014217458
This paper investigates one aspect of the structured management practices literature which has argued that exogenous legislative changes leading to reductions in union power (identified with the passage of RTW laws) serve to increase the use of management incentives practices often resisted by...
Persistent link: https://www.econbiz.de/10015330255
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of … German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms …, we compare the co-determined firms with others before and after 1976. The results do not support the view that co-determination …
Persistent link: https://www.econbiz.de/10009517154
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of … German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms …, we compare the co-determined firms with others before and after 1976. The results do not support the view that co-determination …
Persistent link: https://www.econbiz.de/10013155322