Labor Interests and Corporate Power

27 Pages Posted: 28 Jul 2020

See all articles by Matthew T. Bodie

Matthew T. Bodie

Saint Louis University School of Law

Date Written: September 1, 2019

Abstract

Labor unions exert significant power through collective bargaining, pension fund investing, and political advocacy. But in each of these areas, unions face inherent structural limitations that severely constrain these powers. Workers need participation rights in corporate governance to overcome the multiplicity of forces arrayed against them. And rather than obviating the need for unions, worker corporate power would facilitate a different kind of labor representation — a transition to labor power that advocates for occupational interests and forms coalitions across the shifting political interests of different worker groups.

Keywords: labor unions, corporate governance

JEL Classification: K31, K22, L21, J50

Suggested Citation

Bodie, Matthew T., Labor Interests and Corporate Power (September 1, 2019). Boston University Law Review, Vol. 99, 2019, Available at SSRN: https://ssrn.com/abstract=3641578

Matthew T. Bodie (Contact Author)

Saint Louis University School of Law ( email )

100 N. Tucker Blvd.
St. Louis, MO 63101
United States

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