When Labor Has a Voice in Corporate Governance
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资源简介：
Equity ownership gives labor both a fractional stake in the firm's residual cash flows and a voice in corporate governance. Relative to other firms, labor-controlled publicly-traded firms deviate more from value maximization, invest less in long-term assets, take fewer risks, grow more slowly,
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美国国家经济研究局创建时间：
2005-04-01
