Refine your search
Collections
Co-Authors
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Ghosh, Saibal
- Leverage & Trade Unionism in Indian Industry: An Empirical Note
Abstract Views :209 |
PDF Views:0
Authors
Affiliations
1 Reserve Bank of India, IN
1 Reserve Bank of India, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 46, No 2 (2010), Pagination: 194-200Abstract
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.
References
- Baldwin, C. (1983), Productivity and Labor Unions: an Application of the Theory of Selfenforcing Contracts, Journal of Business, 58: 155-85
- Bhattacharjee, D.& T.D.Chaudhuri (1994), Unions, Wages and Labour Markets in Indian industry: 1960-86, Journal of Development Studies, 30: 443-65
- Bronars, S. & D.Deere (1991), The Threat of Unionization, the Use of Debt and the Preservation of Shareholder Wealth, Quarterly Journal of Economics, 106, 231-54
- Campello, M. (2003), Capital Structure and Product Market Interactions: Evidence from Business Cycles, Journal of Financial Economics, 68: 353-78
- Cavanaugh, J. & J. Garen (1997), Asset Specificity, Unionization and the Firms Use of Debt, Managerial and Decision Economics, 18: 255-69
- Clark, I. (1991), Inventory Accumulation, Employment and Wages, Economic Journal, 101: 630-41
- Coles, M & E. Smith (1998), Strategic Bargaining with Firm Inventories, Journal of Economic Dynamics and Control, 23: 35-54
- K.Sengupta (1993), Sunk Investment, Bargaining and the Choice of Capital Structure, International Economic Review, 34: 203-20.
- Economic & Political Weekly Research Foundation (2002), Annual Survey of Industries, Mumbai.
- Ghosh, S. (2007), Firm Size and Bank Debt Use: Indian Evidence, Small Business Economics, 29: 15-23.
- Government of India, Indian Labour Yearbook (various years), Labour Bureau: Shimla.
- Grout, P. (1983), Investment and Wages in the Absence of Binding Contracts: a Nash Bargaining Approach, Econometrica, 52: 449-60.
- Do Labor Laws Discourage Borrowers? An Empirical Note
Abstract Views :149 |
PDF Views:0
Authors
Affiliations
1 Qatar Central Bank, Doha, QA
1 Qatar Central Bank, Doha, QA
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 57, No 3 (2022), Pagination: 375-383Abstract
The paper assesses the impact of state-level employment protection laws in India on discouraged borrowers. Using data from the World Bank Enterprise Survey for 2013-14, it finds that labor laws in isolation discourage borrowing. When the complementarities between these laws are considered, the discouragement for borrowers is lower. The analysis suggests the need to ensure a holistic assessment of such laws to better understand the behavior of discourage d borrowers.References
- Agarwala, R. (2012), “The State and Labor in Transnational Activism: The Case of India”, Journal of Industrial Relations, 54: 443-58.
- Ahsan, A. & Pages, C. (2009), “Are All Labor Regulations Equal? Evidence from Indian Manufacturing”, Journal of Comparative Economics, 37: 62-75.
- Ayyagari, M., Demirgüç-Kunt, A. & Maksimovic, V. (2014), “Who Creates Jobs in Developing Countries?” Small Business Economics, 43: 75-99.
- Beck T. , D emirgu c-KuntA., Laeven L& Maksimovic V. (2006), “The Determinants of Financing Obstacles”, Journal of International Money and Finance, 25: 932-52.
- Beck, T., Demirgüç-Kunt, A. & Maksimovic, V. (2008), “Financing Patterns Around the World: Are Small Firms Different?” Journal of Financial Economics, 89:467-87.
- Besley, T. & Burgess, R. (2004), “Can Labor Regulation Hinder Economic Performance? Evidence from India”, Quarterly Journal of Economics, 119: 91-134.
- Botero, J, Djankov, S., La Porta, R., Lopez de Silanes, F & Shleifer, A. (2004), “The Regulation of Labor”, Quarterly Journal of Economics, 119: 1382.
- Chakravarty, S. & Xiang, M. (2013), “The International Evidence on Discouraged Small Businesses”, Journal of Empirical Finance, 20: 63-82.
- Cowling, M., Liu, W., Minniti, M. & Zhang, N. (2016), “UK Credit and Discouragement During the GFC”, Small Business Economics, 47: 1049–74.
- de la Torre, A., Martinez Peria, M.S. & Schmukler, S. (2010), “Bank Involvement with SMEs: Beyond Relationship Lending”, Journal of Banking and Finance, 34: 2280-93.