A look at the impact that a union has on a firm's profit and investment.
Written in 2005; 893 words; 5 sources; APA; $ 31.95
Paper Summary:
This paper reviews and summarizes studies that looked at whether unionized companies were less or more profitable than non-union firms and whether there was less new investment in unionized firms as compared to non-unionized ones. After reviewing the literature, the paper concludes that, while unions generally transfer payment from shareholders to employees, there is a downside to unionization; it may inhibit the very investment needed to run the company.
From the Paper:
"As long ago as 1994, researchers were interested in ascertaining whether unionized companies were less or more profitable than nonunion firms, and whether there was less new investment in unionized firms as compared to nonunionized ones. Morgan investigated shareholder risk and rates of return in both sorts of companies during the period 1973-1987. Morgan's work cited earlier work of Becker and Olson (1989) in which they provided an analysis of differences in shareholder risk and returns in union and nonunion companies, finding that shareholders in more highly unionized companies realized lower rates of return than did shareholders in the nonunion companies. Becker and Olson had further suggested that lower shareholder returns during the 1970s had led management to attempt to limit the extent of unionization during the 1980s in a move to reverse that trend. (Morgan, 1994, unpaged)"
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "Profitability in Unionized and Non-Union Companies", Essays on "Profitability in Unionized and Non-Union Companies", Research papers on "Profitability in Unionized and Non-Union Companies", Student papers on "Profitability in Unionized and Non-Union Companies", Book reports on "Profitability in Unionized and Non-Union Companies", Dissertation on "Profitability in Unionized and Non-Union Companies", Thesis on "Profitability in Unionized and Non-Union Companies", Summary of paper on "Profitability in Unionized and Non-Union Companies", Articles written on "Profitability in Unionized and Non-Union Companies".
Look for more research papers, essays and book reports on