Union Participation in Strategic Decisions of Corporations

49 Pages Posted: 28 Mar 2003 Last revised: 16 Sep 2021

See all articles by Eileen Appelbaum

Eileen Appelbaum

Center for Economic and Policy Research

Larry W. Hunter

University of Wisconsin - Madison - Department of Management and Human Resources

Date Written: March 2003

Abstract

This paper reviews workforce participation in strategic decisions - those that affect the basic direction of the company - when workforce interests are represented collectively through unions. We consider the problem of corporate governance and review the rationale for what we term strategic partnerships' between management and labor. The paper describes the prevalence of such partnerships in the U.S., focusing on two institutions through which unions have engaged in discussion of strategic issues: negotiated union-management partnership agreements, and union representation on corporate boards. We offer detailed accounts of specific strategic partnerships and of union involvement on corporate boards, showing that unions face a range of challenges in constructing partnerships that extend possibilities for effective representations of workers' interests.

Suggested Citation

Appelbaum, Eileen and Hunter, Larry (Chip) W., Union Participation in Strategic Decisions of Corporations (March 2003). Available at SSRN: https://ssrn.com/abstract=391126

Eileen Appelbaum (Contact Author)

Center for Economic and Policy Research ( email )

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HOME PAGE: http://www.cepr.net

Larry (Chip) W. Hunter

University of Wisconsin - Madison - Department of Management and Human Resources ( email )

Madison, WI
United States

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