





Leverage & Trade Unionism in Indian Industry: An Empirical Note
Subscribe/Renew Journal
Market power in the hands of a supplier such as a labor union affects an industrys capital structure. Using panel data techniques for 1992-2004, this note shows that industries indeed appear to employ financial leverage strategically to influence collective bargaining decisions. The estimates imply that strategic incentives from input markets have a substantial impact on financing decisions.
Subscription
Login to verify subscription
User
Font Size
Information