The Labor Market Determinants of Corporate Governance Reform

Barker, Roger; Rueda, David

doi:10.2139/ssrn.988699

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The Labor Market Determinants of Corporate Governance Reform

CLPE Research Paper No. 5/2007

74 Pages Posted: 24 May 2007

See all articles by Roger Barker

David Rueda

University of Oxford

Date Written: April 2007

Abstract

A theoretical framework is presented that connects change in the organization of labor with change in corporate governance and financial system development. Building on work by Rueda (2005, 2006, 2007), the paper considers labor change in terms of reduced "insiderness" and examines how this might impact on the orientation of corporate governance vis-à-vis blockholders and minority shareholders. The proposed relationship is investigated utilizing a panel of data for the advanced industrialized democracies.

Keywords: corporate governance, labor markets

JEL Classification: G34, J29, K22

Suggested Citation: Suggested Citation

Barker, Roger and Rueda, David, The Labor Market Determinants of Corporate Governance Reform (April 2007). CLPE Research Paper No. 5/2007, Available at SSRN: https://ssrn.com/abstract=988699 or http://dx.doi.org/10.2139/ssrn.988699