Do Wrongful-Discharge Laws Impair Firm Performance?

被引：50

作者：

Bird, Robert C. ^{[1
]}

Knopf, John D. ^{[1
]}

机构：

[1] Univ Connecticut, Storrs, CT 06269 USA

来源：

JOURNAL OF LAW & ECONOMICS | 2009年 / 52卷 / 02期

关键词：

US LABOR-MARKETS; DISPUTE RESOLUTION; EMPLOYMENT; WILL; UNEMPLOYMENT; PERSPECTIVE; STATES; COSTS;

D O I：

10.1086/596560

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We estimate the effects on firm costs and profitability of wrongful-discharge protections adopted by U. S. state courts during 1977-99. By examining the data of approximately 18,000 commercial banks, after controlling for local state economic conditions, we find evidence of a relationship between the adoption of the implied contract exception and the increase in labor expenses. In addition, adoption of the implied contract exception is found to have a significant and negative effect on overall profitability. The study corroborates previous findings that wrongful-discharge laws place increased costs on employers.

引用

页码：197 / 222

页数：26

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