SSRN-When Labor Has a Voice in Corporate Governance by Olubunmi Faleye, Vikas Mehrotra, Randall Morck
This one will definitely make class!!!
Faleye,Mehrotra,and Morck study firms where there are large blocks of employee owned shares that ARE VOTED. Their findings may surprise some people:
"Relative to otherwise similar firms, labor-controlled publicly traded firms invest less, take fewer
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