Labor Unions and Payout Policy: A Regression Discontinuity Analysis

2016 ◽  
Author(s):  
Jie He ◽  
Xuan Tian ◽  
Huan Yang
Keyword(s):  
Labor Unions ◽  
Regression Discontinuity ◽  
Payout Policy

scholarly journals The Effect of Labor Unions on CEO Compensation

2017 ◽  
Vol 52 (2) ◽  
pp. 553-582 ◽  
Author(s):  
Qianqian Huang ◽  
Feng Jiang ◽  
Erik Lie ◽  
Tingting Que
Keyword(s):  
Labor Unions ◽  
Ceo Compensation ◽  
Regression Discontinuity ◽  
Chief Executive ◽  
Regression Discontinuity Design ◽  
Cross Sectional ◽  
Contract Negotiations ◽  
Bargaining Position ◽  
Negative Effect ◽  
Union Contract

We find evidence that labor unions affect chief executive officer (CEO) compensation. First, we find that firms with strong unions pay their CEOs less. The negative effect is robust to various tests for endogeneity, including cross-sectional variations and a regression discontinuity design. Second, we find that CEO compensation is curbed before union contract negotiations, especially when the compensation is discretionary and the unions have a strong bargaining position. Third, we report that curbing CEO compensation mitigates the chance of a labor strike, thus providing a rationale for firms to pay CEOs less when facing strong unions.

Dental faculty and labor unions: the perils of passivity

1977 ◽  
Vol 41 (11) ◽  
pp. 660-665
Author(s):  
JH Oaks ◽  
DM Fox ◽  
JJ Valter
Keyword(s):  
Labor Unions

Managerial attitudes toward labor unions in a southern city.

1968 ◽  
Vol 52 (6, Pt.1) ◽  
pp. 447-453 ◽  
Author(s):  
M. Alsikafi ◽  
Walfrid J. Jokinen ◽  
S. Lee Spray ◽  
George S. Tracy
Keyword(s):  
Labor Unions ◽  
Southern City

Labor Unions Banned in Japanese Arsenals

1936 ◽  
Vol 5 (24) ◽  
pp. 261-261
Author(s):  
M. S. F.
Keyword(s):  
Labor Unions

Payout Policy in the 21st Century

CFA Digest ◽  
2006 ◽  
Vol 36 (1) ◽  
pp. 18-19
Author(s):  
Spencer L. Klein
Keyword(s):  
21St Century ◽  
Payout Policy
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