Relationship between leverage and the bargaining power of labor unions: evidence from theoretical and empirical perspectives

This study examines whether a firm’s leverage can be used strategically to improve its bargaining position with an organized labor union using samples of non-financial firms listed on the Korean Stock Exchange (KSE) from 1999 to 2013. Through empirical testing, we find that the portfolio w...

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Bibliographic Details
Main Authors: Choi,Chil Sun, Sohn,Pando, Seo,Ji-Yong
Language:English
Published: Universidad de Chile. Departamento de Economía 2016
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Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862016000100003
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