FINANCIAL STRUCTURE, CORPORATE GOVERNANCE, AND THE MANAGEMENT OF LABOR By
نویسندگان
چکیده
This article explores linkages between the firm’s financial structure, corporate governance, and the management of labor. It reviews various literatures, in particular drawing from Financial Economics, Industrial Relations, and Human Resource Management, to investigate a set of potential linkages. Two ideal types in terms of marketand relational-based financing and outsiderand insider-based governance systems are highlighted. These are then used to examine labor management in three areas employment relations, work relations, and industrial relations. The approach is applied to major features of labor management, especially in the US, Great Britain, Germany, and Japan. 1 Howard Gospel, (Corresponding Author), King's College, University of London. Corresponding address: The Management Centre, King's College London, Franklin-Wilkins Building, 150 Stamford Street, London, SE1 9NN, United Kingdom. Tel/Fax: +44-(0)20-7848 4121, Email: [email protected] 2 ANDREW PENDLETON, Manchester Metropolitan University
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