Do works councils inhibit investment?

"Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent seeking by reducing investments, among other thing...

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Bibliographic Details
Main Authors: Addison, John T., Schank, Thorsten, Schnabel, Claus, Wagner, Joachim
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2005
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19296286124910144689-Do-works-councils-inhibit-inve.htm

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