Ownership Rights and Employment Relations
Author(s)
Brewster, Chris
Goergen, Marc
Wood, Geoffery
Griffith University Author(s)
Year published
2014
Metadata
Show full item recordAbstract
Particularly influential in the economics, finance and neo-liberal policy community have been approaches that link the law to firm-level work and employment relations, and macroeconomic outcomes, and the consequences of particular traditions and associated bodies of law: these approaches favour the stronger private property rights associated with the common law tradition. However, the evidence marshalled to support the common-law superior macroeconomic outcomes thesis is highly selective. A further limitation is that the firm is primarily seen as a transmission belt: the effect of institutional environment is explored primarily ...
View more >Particularly influential in the economics, finance and neo-liberal policy community have been approaches that link the law to firm-level work and employment relations, and macroeconomic outcomes, and the consequences of particular traditions and associated bodies of law: these approaches favour the stronger private property rights associated with the common law tradition. However, the evidence marshalled to support the common-law superior macroeconomic outcomes thesis is highly selective. A further limitation is that the firm is primarily seen as a transmission belt: the effect of institutional environment is explored primarily in terms of possible macroeconomic outcomes. In other words, for a theory of, and debate around, corporate governance, there is remarkably little about the firm.
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View more >Particularly influential in the economics, finance and neo-liberal policy community have been approaches that link the law to firm-level work and employment relations, and macroeconomic outcomes, and the consequences of particular traditions and associated bodies of law: these approaches favour the stronger private property rights associated with the common law tradition. However, the evidence marshalled to support the common-law superior macroeconomic outcomes thesis is highly selective. A further limitation is that the firm is primarily seen as a transmission belt: the effect of institutional environment is explored primarily in terms of possible macroeconomic outcomes. In other words, for a theory of, and debate around, corporate governance, there is remarkably little about the firm.
View less >
Book Title
Oxford Handbook of Employment Relations: Comparative Employment Systems
Subject
Business and Management not elsewhere classified