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Asset-Specific Investment and Unionized Labor

โœ Scribed by Joseph K. Cavanaugh


Book ID
108500512
Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
84 KB
Volume
37
Category
Article
ISSN
0019-8676

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๐Ÿ“œ SIMILAR VOLUMES


Asset Markets and Investment Decisions
โœ A. De Waegenaere; H. Polemarchakis; L. Ventura ๐Ÿ“‚ Article ๐Ÿ“… 2002 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 134 KB
Asset specificity, unionization and the
โœ Joseph K. Cavanaugh; John Garen ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 134 KB

This paper considers the combined influence of asset specificity and unionization on the firm's use of debt. While previous literature tends to examine these effects separately, we find that the interaction of the two is critical. Thus, while asset specificity may reduce debt as in , the presence of