Structural and Market Predictors of Corporate Labor Relations Strategies

ILR Review ◽  
1990 ◽  
Vol 43 (2) ◽  
pp. 280-293 ◽  
Author(s):  
William N. Cooke ◽  
David G. Meyer
Keyword(s):  
Capital Investment ◽  
Mixed Strategy ◽  
Labor Relations ◽  
Structural Characteristics ◽  
Import Penetration ◽  
Logit Estimation ◽  
Union Avoidance ◽  
Using Data ◽  
Market Pressures ◽  
A Company

The authors develop a model predicting which of three broad labor-relations strategies—union avoidance, union-management collaboration, or a mixed strategy combining elements of union avoidance and collaboration—a company will adopt. A multinomial logit estimation using data on 58 large unionized manufacturing corporations confirms that market pressures and structural characteristics of the company are important predictors of strategy choice. Specifically, the worse the market conditions (as gauged by import penetration and industry employment), the more likely executives will choose union avoidance over collaboration and mixed strategies. Collaboration is more likely to be chosen the greater the percent of plants unionized and the higher the ratio of cost of goods to sales. The choice of the mixed strategy is more likely the higher the labor intensity, capital investment, and number of plants.

The Effects of Corporate Strategy and Workplace Innovations on Union Representation

ILR Review ◽  
1986 ◽  
Vol 39 (4) ◽  
pp. 487-501 ◽  
Author(s):  
Thomas A. Kochan ◽  
Robert B. McKersie ◽  
John Chalykoff
Keyword(s):  
Union Membership ◽  
Corporate Strategy ◽  
Labor Relations ◽  
Industrial Relations ◽  
Union Representation ◽  
Union Avoidance ◽  
Using Data ◽  
New Facilities

This paper explores the decline of union membership within partially organized firms. Using data from two Conference Board surveys of labor relations practices (1977 and 1983), the authors test a series of propositions concerning the effects of corporate industrial relations values and strategies and workplace innovations on union representation and membership. The results show that whereas the average firm reduced the number of workers represented by unions by approximately 977 from 1977 to 1983, firms that placed a high priority on union avoidance reduced union representation by an average of 2,647 workers over the same period. Moreover, the typical firm that emphasized union avoidance reduced the probability that its new facilities would be organized from approximately 15 percent to less than 1 percent.

International Remittances and Private Healthcare in Kerala, India

2020 ◽  
Vol 17 (3) ◽  
pp. 445-460
Author(s):  
Mohd Imran Khan ◽  
Valatheeswaran C.
Keyword(s):  
Instrumental Variable ◽  
Capital Investment ◽  
Healthcare Expenditure ◽  
Healthcare Services ◽  
Private Healthcare ◽  
International Remittances ◽  
Variable Approach ◽  
Using Data ◽  
The Impact ◽  
Instrumental Variable Approach

The inflow of international remittances to Kerala has been increasing over the last three decades. It has increased the income of recipient households and enabled them to spend more on human capital investment. Using data from the Kerala Migration Survey-2010, this study analyses the impact of remittance receipts on the households’ healthcare expenditure and access to private healthcare in Kerala. This study employs an instrumental variable approach to account for the endogeneity of remittances receipts. The empirical results show that remittance income has a positive and significant impact on households’ healthcare expenditure and access to private healthcare services. After disaggregating the sample into different heterogeneous groups, this study found that remittances have a greater effect on lower-income households and Other Backward Class (OBC) households but not Scheduled Caste (SC) and Scheduled Tribe (ST) households, which remain excluded from reaping the benefit of international migration and remittances.

Intellectual Capital Investment, Stakeholders' Value, Firm Market Value and Financial Performance: The Case of Tunisia Stock Exchange

2013 ◽  
Vol 12 (02) ◽  
pp. 1350010 ◽  
Author(s):  
Hedia Fourati ◽  
Habib Affes
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Capital Investment ◽  
Positive Impact ◽  
Stock Exchange ◽  
Value Added ◽  
Market Value ◽  
Market Valuation ◽  
Using Data

The purpose of this paper is to investigate the role of intellectual capital investment in improving the firm's market value, stakeholders' value and financial performance. Using data drawn from 21 listed companies in Tunisia Stock Exchange, we conducted two studies. On one hand, from using Charreaux (Charreaux (2006). La valeur partenariale: Vers une mesure opérationnelle. Cahier de FARGO no. 1061103, November) measure of stakeholders' value, we demonstrate that financials come to present the weakest stakeholders' value and clients monopolises in term of value acquisition due to a weak ability of negotiation of firms. On the other hand, we construct a regression model of Pulic's value added intellectual capital investment (VAIC) as the measure of the value added from intellectual capital, in market valuation and financial performance. Our results stressed the fact that there is a positive impact of intellectual capital by human capital efficiency and capital employed efficiency on improving firm's market value. Nevertheless, financial performance measured by ROA is still justified by the traditional measure relying on capital employed efficiency. Indeed for Tunisian quoted firms, human capital investment is a pilar for ameliorating firm market valuation of financial performance.

scholarly journals In Search of the Optimal Venture-to-Capital (V2C) Business Model

2011 ◽  
Vol 2 (6) ◽  
Author(s):  
Tommi Rasila
Keyword(s):  
Capital Investment ◽  
Best Practice ◽  
Business Models ◽  
Future Research ◽  
Venture Capital Investment ◽  
New Business ◽  
Target Company ◽  
Operating Space ◽  
A Company ◽  
New Business Models

This paper illustrates the differences between traditional and emerging business models in the recently identified Venture-to-Capital (V2C) area. This area refers to the stage in the development of a company when it is between Venture and Capital, ie. before the idea or the venture is eligible for Venture Capital investment. Many entities exist to assist companies in the V2C operating space. Most obvious taxonomy of the V2C players includes Incubators, Advisors, Business Angels and Classic/Seed VC. All these have different business models, including motive, contribution, incentive and revenue model. There is, however, a large number of new operatives in this field which do not quite fit this traditional taxonomy.In this study, a number of these new operatives are examined and their business models outlined. When comparing the traditional and new business models, three observations are made as conclusions: New models are hybrids of traditional models with only some new features; Contributing intellectual capital in the sense of sweat capital or business knowledge is seen as a key requisite; Trend goes towards obtaining equity interest in the target company for upside potential in the compensation. This study paves way to future research in creating new taxonomy for Venture-to-Capital operatives and delineating a best practice to the practitioners in the field.

scholarly journals Ownership concentration and investment sensitivity to market valuation

2015 ◽  
Vol 13 (1) ◽  
pp. 1228-1240
Author(s):  
Ghada Tayem
Keyword(s):  
Stock Market ◽  
Capital Investment ◽  
Ownership Concentration ◽  
Firm Level ◽  
Stock Market Development ◽  
Concentrated Ownership ◽  
Market Signals ◽  
The Impact ◽  
A Company ◽  
Institutional Feature

During the past decade, Jordan has undertaken substantial reforms aiming at restructuring its stock market in order to strengthen its role in promoting investment and allocating capital efficiently. This paper empirically investigates the impact of stock market development on capital investment at the firm level by assessing the investment-q sensitivity. In addition, this paper examines the impact of concentrated ownership, a salient institutional feature of listed Jordanian companies, on the investment-q sensitivity. The findings of this study indicate that investments by Jordanian firms respond significantly and positively to market signals. Furthermore, the results show that a company responds more efficiently to market signals as ownership concentration increases, which suggests that large ownership stakes align the interests of large shareholders with those of the firm.

Coastal Community Empowerment Strategy through PT. Antam (Persero) Tbk UBPN Southeast Sulawesi’s CSR Program

2021 ◽  
Vol 1 (1) ◽  
pp. 31-39
Author(s):  
Nur Azisyah Mukmin ◽  
Krisdyatmiko
Keyword(s):  
Mining Industry ◽  
Community Empowerment ◽  
Coastal Communities ◽  
Coastal Community ◽  
Client Relationship ◽  
Long Time ◽  
Qualitative Descriptive ◽  
Using Data ◽  
The Impact ◽  
A Company

This article attempts to analyze the coastal community empowerment strategy of PT. Antam (Persero) Tbk UBPN Sultra’s CSR program. A company which engages in the mining industry should be aware of the impact caused by its activity. 53% of people living in coastal areas, especially for fisherman communities seen their icome decreased. This research used qualitative descriptive approach to examine the company, local government, yayasanbahari, and coastal communities beneficiaries as its unit analysis while also using data collection techniques such as interviews, observation, and documentation to filter the appropriate data. The sustainable economy-based coastal community empowerment program has been carried out since 2017 in 3 (three) villages in Pomalaa District, Kolaka Regency, Southeast Sulawesi. The findings of this research are: a) there is social jealousy between groups of fisherman due to difference in ethnical identities of Bugis, Bajo, and Makassar tribes. This conflict is known as primordial conflict and can be reduced by the creation of trust via interaction between YayasanBahari and coastal communities; b) there is class conflict between the boss and labor fisherman. The interaction between the two is known as the patron-client relationship that has lasted for a long time and has prevent the coastal communities to become self-sustaining.

Neoliberal Platform Capitalism and Subjectivity

2021 ◽  
Vol 120 (4) ◽  
pp. 795-808
Author(s):  
Fábio Luís Ferreira Nóbrega Franco
Keyword(s):  
Labor Relations ◽  
Structural Characteristics ◽  
Application Software ◽  
Precarious Work ◽  
Software Companies ◽  
Peripheral Areas ◽  
The Way

Across the globe, algorithmic technologies have undeniably altered the way labor relations are governed. The purpose of this article is to investigate a particular manifestation of that phenomenon: how, in Brazil, platform capitalism consists in a hybrid rationality whose control over the sphere of work combines new mechanisms of governance with structural characteristics that are particular to a type of precarious work commonly found in peripheral areas of Brazil, known as viração. While such a scenario presents us with a multitude of aspects worthy of consideration, this article focusese on the apparatuses for the psychic management of workers deployed by platform capitalism in Brazil. Within this scope, the article develops a double analysis: first, it examines the forms of subjectivity and the libidinal economy of Brazilian peripheral workers, with a particular emphasis on how certain of their characteristics have been subordinated, controlled, exploited, and ultimately disseminated by application software companies in Brazil; second, and conversely, it evaluates how the form of subjectivity associated with platform capitalism has, through the neoliberal discourse of self-entrepreneurship, impacted viração.

Children of the Post-Communist Transition: Age at the Time of the Parents' Job Loss and Dropping Out of Secondary School

2008 ◽  
Vol 7 (2) ◽  
Author(s):  
Gabor Kertesi ◽  
Gabor Kezdi
Keyword(s):  
Secondary School ◽  
Capital Investment ◽  
Job Loss ◽  
Educational Achievement ◽  
Causal Effect ◽  
Substantial Effect ◽  
Preschool Age ◽  
Dropping Out ◽  
Using Data ◽  
Employed Parents

Abstract Using data on children whose parents lost their jobs during the post-communist transition of Hungary, we address the causal effect of unexpected long-term unemployment of parents on their children's educational achievement. We estimate the effect of the children's age at the time of their parents' job loss on their probability of dropping out of secondary school (an event that follows the parents' job loss by many years). The treatment is an additional year reared in a family with regularly employed parents, which can be interpreted as additional human capital investment. We provide bounding estimates to the causal effect. The estimated bounds are tight, they show a substantial effect, and the effect is significantly stronger for preschool age children than for older ones.

Voting for Wage Concessions: The Case of the 1982 GM-UAW Negotiations

ILR Review ◽  
1988 ◽  
Vol 41 (2) ◽  
pp. 183-194 ◽  
Author(s):  
Bruce E. Kaufman ◽  
Jorge Martinez-Vazquez
Keyword(s):  
Empirical Analysis ◽  
Median Voter ◽  
Labor Relations ◽  
Voter Model ◽  
Median Voter Model ◽  
Using Data ◽  
Stable Employment ◽  
The Empirical Analysis

The authors of this paper use the median voter model to predict the patterns of rank-and-file voting on wage concessions in a multiplant setting, then test those predictions using data from the 1982 GM-UAW negotiations. The model predicts that workers in plants with large layoffs will vote in favor of a wage concession only if they believe that a concession will save their jobs. Surprisingly, workers in plants with growing or stable employment are also actually more likely to vote Yes. A third prediction is that the Yes vote will be smallest in plants with the most adversarial labor relations. The empirical analysis supports all three predictions.

Role of Kaizens to Improve Productivity: A Case Study

2014 ◽  
Vol 592-594 ◽  
pp. 2689-2693 ◽  
Author(s):  
Ganesh S. Jadhav ◽  
Vahid M. Jamadar ◽  
Pradeep S. Gunavant ◽  
Sameer Sheshrao Gajghate
Keyword(s):  
Performance Management ◽  
Capital Investment ◽  
Delivery Time ◽  
Specific System ◽  
Productivity Improvement ◽  
Effective Performance ◽  
Vital Component ◽  
A Company

Continuous improvement is a vital component of an effective performance management system. Simply measuring performance will not result in system improvements. Getting improvement in any service requires an educational strategy for linking performance measurement to the implementation of the specific system improvements. The aim of the paper is to identify the effectiveness and implementation of the kaizen programme in an electronics manufacturing company. Customers focus on product quality, delivery time and cost. Because of this a company should introduce a quality system to improve and increase both quality and productivity continuously. Kaizen is a methodology that aims to increase the availability of the existing equipment hence reducing the need for further capital investment. This paper identifies role of maintenance in reducing production cost and increasing plant profit with the implementation of kaizen. Use of the Timed-PDCA concept makes it possible to pursue productivity improvement in the current works including nurturing motivations to workers concurrently by arranging kaizen theme.

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