Do Highly Unionized Companies Compensate Their CEOs Less in Periods of Financial Distress?

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Do Highly Unionized Companies Compensate Their CEOs Less in Periods of Financial Distress?

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Warwick Business School

Umar Boodoo discusses the strategic interaction between employee stakeholders, in particular labor unions, and top management, and he evaluates the effect of the two parties’ inherent competitive rent-seeking behavior on CEO pay. Publication

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Do Highly Unionized Companies Compensate Their CEOs Less in Periods of Financial Distress?