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Ghosh, Saibal
- Leverage & Trade Unionism in Indian Industry: An Empirical Note
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Authors
Affiliations
1 Reserve Bank of India, IN
1 Reserve Bank of India, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 46, No 2 (2010), Pagination: 194-200Abstract
Market power in the hands of a supplier such as a labor union affects an industrys capital structure. Using panel data techniques for 1992-2004, this note shows that industries indeed appear to employ financial leverage strategically to influence collective bargaining decisions. The estimates imply that strategic incentives from input markets have a substantial impact on financing decisions.References
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- Do Labor Laws Discourage Borrowers? An Empirical Note
Abstract Views :197 |
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Authors
Affiliations
1 Qatar Central Bank, Doha, QA
1 Qatar Central Bank, Doha, QA
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 57, No 3 (2022), Pagination: 375-383Abstract
The paper assesses the impact of state-level employment protection laws in India on discouraged borrowers. Using data from the World Bank Enterprise Survey for 2013-14, it finds that labor laws in isolation discourage borrowing. When the complementarities between these laws are considered, the discouragement for borrowers is lower. The analysis suggests the need to ensure a holistic assessment of such laws to better understand the behavior of discourage d borrowers.References
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- de la Torre, A., Martinez Peria, M.S. & Schmukler, S. (2010), “Bank Involvement with SMEs: Beyond Relationship Lending”, Journal of Banking and Finance, 34: 2280-93.