Godlike Productions - Conspiracy Forum
Users Online Now: 2,228 (Who's On?)Visitors Today: 1,640,912
Pageviews Today: 2,390,288Threads Today: 538Posts Today: 14,857
10:55 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE REPLY
Message Subject Wait - Wuh?? Some Hostess Workers Feel 'Relief' at Losing Jobs ??????????
Poster Handle Phennommennonn
Post Content
2009 - A successful effort to unionize a workplace apparently reduces the market value of affected publicly-traded firms, even if there is no immediate change in their operating performance. In Long-Run Impacts of Unions on Firms: New Evidence From Financial Markets, 1961-1999 (NBER Working Paper 14709), co-authors David Lee and Alexandre Mas estimate that the average effect of a union win at a workplace is to decrease the market value of the affected business by at least $40,500 (in $1998) per worker eligible to vote, based on monthly stock prices for 24 months before and after a vote to unionize. Their simulations suggest that a policy-induced doubling of unionization in the United States would “lead to a 4.3 percent decrease in the equity value of all firms at risk of unionization.”
[link to www.nationalreview.com]
 
Please verify you're human:




Reason for reporting:



News








Proud Member Of The Angry Mob