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Labor Representation in Governance as an Insurance Mechanism
16 references·10 citing·46 second hop
Labor Representation in Governance as an Insurance Mechanism (2014)Labor Representation in Governance as an …Labor unemployment risk and corporate financing decisions (2012)Labor unemployment risk and c…Operating Leverage (2010)Operating LeverageLabor Unions, Operating Flexibility, and the Cost of Equity (2010)Labor Unions, Operating Flexi…Capital Structure as a Strategic Variable: Evidence from Collective Bargaining (2010)Capital Structure as a Strate…Performance and Behavior of Family Firms: Evidence From the French Stock Market (2007)Performance and Behavior of F…Does good corporate governance include employee representation? Evidence from German corporate boards (2006)Does good corporate governanc…Managers, Workers, and Corporate Control (2005)Managers, Workers, and Corpor…The Regulation of Labor (2003)The Regulation of LaborThe Conditional CAPM and the Cross-Section of Expected Returns (1996)The Conditional CAPM and the …Understanding Risk and Return (1993)Understanding Risk and ReturnThe Employer Size-Wage Effect (1989)The Employer Size-Wage EffectSelf-Enforcing Wage Contracts (1988)Self-Enforcing Wage ContractsBreach of Trust in Hostile Takeovers (1987)Breach of Trust in Hostile Ta…The Impact of the Degrees of Operating and Financial Leverage on Systematic Risk of Common Stock (1984)The Impact of the Degrees of …Rights and Production Functions: An Application to Labor-Managed Firms and Codetermination (1979)Rights and Production Functio…Corporate Takeovers: Causes and ConsequencesCorporate Takeovers: Causes a…What Does Codetermination Do? (2021)What Does Codetermination Do?Voice at Work (2021)Voice at WorkBoard Level Employee Representation and Tax Avoidance in Europe (2021)Board Level Employee Represen…The Value of Employee Satisfaction in Disastrous Times: Evidence from COVID-19 (2020)The Value of Employee Satisfa…Cross-border acquisitions and employment policies (2020)Cross-border acquisitions and…Labor in the Boardroom (2019)Labor in the BoardroomMandatory Worker Representation on the Board and Its Effect on Shareholder Wealth (2017)Mandatory Worker Representati…Employment and Wage Insurance within Firms: Worldwide Evidence (2017)Employment and Wage Insurance…Boards, and the Directors Who Sit on Them ✶ ✶I thank Benjamin Hermalin and Michael Weisbach for their comments and for inviting me to write this chapter. I thank Ying Dou, Mandeep Singh, and Jing Xu for excellent research assistance. (2017)Boards, and the Directors Who…CEO compensation and board diversity : evidence from french listed companies (2016)CEO compensation and board di…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The arbitrage theory of capital asset pricing (1976)Macroeconomics and Reality (1980)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)… and the Cross-Section of Expected Returns (2015)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)Common Errors: How to (and Not to) Control for Unobserved Heterogeneity (2012)Firing Costs and Capital Structure Decisions (2016)THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS (1972)Risk, Return, and Equilibrium: Empirical Tests (1973)Ownership Structure, Deregulation, and Bank Risk Taking (1990)Capital markets research in accounting (2001)Product Mix and Earnings Volatility at Commercial Banks: Evidence from a Degree of Total Leverage Model (2001)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Investor Psychology and Asset Pricing (2001)An Inquiry into the Nature and Causes of the Wealth of Nations (1776)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Econometric Analysis of Cross Section and Panel Data (2001)Wrongful Discharge Laws and Innovation (2013)As certain as debt and taxes: Estimating the tax sensitivity of leverage from state tax changes (2015)Corporate social responsibility as an employee governance tool: Evidence from a quasi‐experiment (2015)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)The Political Economy of Corporate Governance (2005)Do Entrenched Managers Pay Their Workers More? (2007)Stakeholder Welfare and Firm Value (2009)The cost of capital, corporation finance and the theory of investment (2008)A tale of values-driven and profit-seeking social investors (2011)Financial Reporting Quality and Labor Investment Efficiency (2013)Labor Protection and Leverage (2014)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Agency Problems and the Theory of the Firm (1980)Organizational forms and investment decisions (1985)Theories of the firm: contractual and competence perspectives (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Corporate Ownership Around the World (1999)Family Involvement in Ownership and Management: Exploring Nonlinear Effects on Performance (2008)The Dynamics of Employment Growth (2014)Board Diversity and Corporate Social Responsibility: Empirical Evidence from France (2020)Small business economics (1989)Peer Pressure and Partnerships (1992)Workers, Wages, and Technology (1997)
this work references cited by second hop

References

  • 1996The Conditional CAPM and the Cross-Section of Expected Returns2,537 cited
  • 1993Understanding Risk and Return1,797 cited
  • 1989The Employer Size-Wage Effect1,385 cited
  • 1979Rights and Production Functions: An Application to Labor-Managed Firms and Codetermination1,070 cited
  • 2007Performance and Behavior of Family Firms: Evidence From the French Stock Market663 cited
  • 2010Capital Structure as a Strategic Variable: Evidence from Collective Bargaining608 cited
  • 1984The Impact of the Degrees of Operating and Financial Leverage on Systematic Risk of Common Stock582 cited
  • 2012Labor unemployment risk and corporate financing decisions572 cited
  • 2005Managers, Workers, and Corporate Control525 cited
  • 2010Labor Unions, Operating Flexibility, and the Cost of Equity471 cited
  • n.d.Corporate Takeovers: Causes and Consequences456 cited
  • 1988Self-Enforcing Wage Contracts440 cited
  • 2006Does good corporate governance include employee representation? Evidence from German corporate boards436 cited
  • 1987Breach of Trust in Hostile Takeovers402 cited
  • 2003The Regulation of Labor387 cited

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2010
Operating Leverage
312 cited

Cited by

  • 2020The Value of Employee Satisfaction in Disastrous Times: Evidence from COVID-19162 cited
  • 2017Employment and Wage Insurance within Firms: Worldwide Evidence143 cited
  • 2019Labor in the Boardroom40 cited
  • 2021Voice at Work39 cited
  • 2017Boards, and the Directors Who Sit on Them ✶ ✶I thank Benjamin Hermalin and Michael Weisbach for their comments and for inviting me to write this chapter. I thank Ying Dou, Mandeep Singh, and Jing Xu for excellent research assistance.35 cited
  • 2017Mandatory Worker Representation on the Board and Its Effect on Shareholder Wealth27 cited
  • 2016CEO compensation and board diversity : evidence from french listed companies27 cited
  • 2020Cross-border acquisitions and employment policies25 cited
  • 2021Board Level Employee Representation and Tax Avoidance in Europe21 cited
  • 2021What Does Codetermination Do?11 cited