Download or read book The Impact of Labor Strikes on Security Prices written by James Lawrence Grant and published by . This book was released on 1982 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inter industry Effects of Labor Strikes written by Jay David Schultz and published by . This book was released on 2001 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is an analysis of the economic costs of labor strikes across industries. The basis for this study is derived from a wealth of literature covering theories of strikes, the analysis of the costs of strikes and the measurement of strike costs using event study methodologies. In this study, three basic questions will be investigated: (1) Does Labor strike activity in other industries have a negative financial effect on firms in a particular industry, (2) are the effects from labor strike activity long-term, and (3) can firms anticipate the impending high strike activity. This study addresses these questions to determine whether there are any measurable effects of labor strikes across industries. Event study methodology is incorporated as the tool to measure these costs. Evidence that there is an interindustry cost to labor strike activity for both supply and demand interactions was found. In addition to the impacts of strikes in direct supply or demand industries, labor strikes anywhere along the demand/supply pipeline could have an effect. These interindustry effects, for both the supply and demand relationship, are long-term. Also, firms incurring strike activity in their demander industries appear to be able to anticipate the effect months prior to the actual strike activity event, but they do not appear to be able to predict strike activity in supplier industries.
Download or read book The Effect of Labor Strikes on Security Analysts Forecast Superiority and on the Association between Risk Adjusted Stock Returns and Unexpected Earnings written by Lawrence D. Brown and published by . This book was released on 2014 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically examines whether labor strikes affect the forecasting and information content of quarterly earnings numbers. We address two issues regarding financial analyst forecast (FAF) superiority: whether FAF superiority increases when a strike occurs and if so, whether the increase in FAF superiority is sustained immediately after the strike ends. We also examine two issues regarding information content: whether strikes affect the coefficient mapping unexpected earnings into stock prices and whether strikes affect the variance of stock price changes. We suggest that strikes affect both the forecasting and information content of quarterly earnings numbers.
Download or read book The Impact of Strikes written by Neil W. Chamberlain and published by Praeger. This book was released on 1973-12-04 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Men s Studies Review written by Changing Men Collections (Michigan State University. Libraries) and published by . This book was released on 1990* with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book When Unions Mattered written by John E. DiNardo and published by . This book was released on 2010 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining information from labor historians and using techniques from finance we analyze the strikes that labor historians have agreed are pivotal in American history' during the period 1925-1937. Using information we collected on strike dates and historical financial market stock price data we assess the financial market's view of these conflicts. We study the effects of major strikes between the world wars on detailed industry stock prices. We find that strikes have large, negative effects on industry stock value. We also find that longer strikes, violent strikes, strikes where unions win,' industry-wide strikes, strikes that lead to union recognition, and strikes that lead to large wage increases lead to larger negative share price reactions than other strikes. Also, our analysis shows that most of the news' in a strike seems to be incorporated very early on in the strike. Our analysis strongly suggests that although the financial markets generally expected unions to lose,' they viewed union victories as quite important determinants of the share of firm profits going to stockholders.
Download or read book Basic Guide to the National Labor Relations Act written by United States. National Labor Relations Board. Office of the General Counsel and published by U.S. Government Printing Office. This book was released on 1997 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Labor Strikes on Shareholder Wealth Pre and Post PATCO written by Robert M. Kiss and published by . This book was released on 1990 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book When Strikes Make Sense And Why written by Samuel Cohn and published by Springer Science & Business Media. This book was released on 2007-08-28 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social scientists have not helped the working class make strategic deci sions. Unionists need to know how to carry on industrial conflict so as to provide concrete economic benefits for their members. Should unions strike or not strike? Should losses be avoided at all costs, or can unions afford to take chances? Does economism gut the class power of workers or provide a pragmatic strategy for increasing workers' wage gains? We can say with great confidence that workers should join unions; there is now an exhaustive and compelling literature demonstrating that union membership provides a wide variety of economic benefits. We can say that corporatist class compromises lower income but increase job security and overall employment. Beyond that, however, we cannot say much. In particular, we can do little to advise particular unions in partic ular fixed institutional and political environments how they should han dle the microtactics of individual confrontations. The United Farm Work ers do not need a speech about the miracle of the Swedish industrial relations system. They need to know whether they should strike or not strike, and how their tactics should change if rival Teamsters come into the field. Unfortunately, medical research often has to start with rabbits be fore it proceeds to humans, and so it is with research in industrial conflict. The realistic prospects of doing a large sample analysis of con temporary American wage settlements that simultaneously estimates the effects of union tactics and economic factors are poor.
Download or read book Security During Strikes written by James W. Wensyel and published by Charles C. Thomas Publisher. This book was released on 1985 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Strikes written by Stephen Franklin and published by Guilford Press. This book was released on 2002-09-01 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eloquently written book chronicles the massive, protracted strikes waged against three large corporations in Decatur, Illinois, in the 1990s. Veteran journalist Stephen Franklin shows how labor disputes at Bridgestone/ Firestone, Caterpillar, and A. E. Staley left lasting scars on this town and its citizens--and marked a turning point in American labor history. When workers went on strike to retain such basic rights as job security and the 8-hour day, the corporations hit back with unprecedented hard-line tactics. Through the moving stories of individual workers and union activists, Franklin illuminates the hardships and disillusionment left in the wake of the strikes, and the powerful forces that caught an unprepared labor leadership off guard. He vividly portrays how the balance of labor-management power was shifted by corporate globalization, cutthroat labor practices, the outdated responses of national unions and government regulators, and an apathetic public. Reflecting on the hard-won lessons of Decatur, the book describes how the quality of work and life are now threatened--not just for blue-collar workers, but for all Americans--and what it will take to safeguard them.
Download or read book Strikers and Subsidies written by Robert M. Hutchens and published by W. E. Upjohn Institute. This book was released on 1989 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Strike threat System written by William Harold Hutt and published by New Rochelle, N.Y. : Arlington House. This book was released on 1973 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic analysis of the impact of collective bargaining on labour market behaviour in capitalist countries - examines the employment policy and economic implications and ethical significance of the strike-threat in historical perspective and its influence on wage determination, income distribution, inflation, fringe benefits, etc. References.
Download or read book Industrial and Labor Relations Review written by and published by . This book was released on 2001 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Code written by United States and published by . This book was released on 2013 with total page 1506 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The United States Code is the official codification of the general and permanent laws of the United States of America. The Code was first published in 1926, and a new edition of the code has been published every six years since 1934. The 2012 edition of the Code incorporates laws enacted through the One Hundred Twelfth Congress, Second Session, the last of which was signed by the President on January 15, 2013. It does not include laws of the One Hundred Thirteenth Congress, First Session, enacted between January 2, 2013, the date it convened, and January 15, 2013. By statutory authority this edition may be cited "U.S.C. 2012 ed." As adopted in 1926, the Code established prima facie the general and permanent laws of the United States. The underlying statutes reprinted in the Code remained in effect and controlled over the Code in case of any discrepancy. In 1947, Congress began enacting individual titles of the Code into positive law. When a title is enacted into positive law, the underlying statutes are repealed and the title then becomes legal evidence of the law. Currently, 26 of the 51 titles in the Code have been so enacted. These are identified in the table of titles near the beginning of each volume. The Law Revision Counsel of the House of Representatives continues to prepare legislation pursuant to 2 U.S.C. 285b to enact the remainder of the Code, on a title-by-title basis, into positive law. The 2012 edition of the Code was prepared and published under the supervision of Ralph V. Seep, Law Revision Counsel. Grateful acknowledgment is made of the contributions by all who helped in this work, particularly the staffs of the Office of the Law Revision Counsel and the Government Printing Office"--Preface.
Download or read book What Unions No Longer Do written by Jake Rosenfeld and published by Harvard University Press. This book was released on 2014-02-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: From workers' wages to presidential elections, labor unions once exerted tremendous clout in American life. In the immediate post-World War II era, one in three workers belonged to a union. The fraction now is close to one in five, and just one in ten in the private sector. The only thing big about Big Labor today is the scope of its problems. While many studies have explained the causes of this decline, What Unions No Longer Do shows the broad repercussions of labor's collapse for the American economy and polity. Organized labor was not just a minor player during the middle decades of the twentieth century, Jake Rosenfeld asserts. For generations it was the core institution fighting for economic and political equality in the United States. Unions leveraged their bargaining power to deliver benefits to workers while shaping cultural understandings of fairness in the workplace. What Unions No Longer Do details the consequences of labor's decline, including poorer working conditions, less economic assimilation for immigrants, and wage stagnation among African-Americans. In short, unions are no longer instrumental in combating inequality in our economy and our politics, resulting in a sharp decline in the prospects of American workers and their families.
Download or read book Monthly Labor Review written by and published by . This book was released on 1963 with total page 786 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
