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Now that the economic orthodoxy of 'light-touch' regulation has
been widely discredited by recent events in the financial markets,
and shareholder-oriented management has come under intense
scrutiny, it is time to seriously consider the merits of
stakeholder-oriented economies. In this far-reaching symposium on
this aspect of comparative labour relations, 35 scholars examine
case studies and evolving scenarios in a wide variety of countries,
from leading economic powers such as the United States, the United
Kingdom, and Germany to post-socialist states such as Poland,
Hungary, and Bulgaria to the formidable global economic presences
of Brazil, Russia, and India. With contributions from leading
experts from all around the world in the fields of labour law,
industrial relations, labour economics, labour statistics, human
resources management, organization theory and other related
subjects, the papers focus on the impact of the global economic
crisis and its implications for the future of employment. Specific
contexts covered include: o adversarial versus strategic collective
bargaining; o transnational collective bargaining; o long-term
employees as the most valuable corporate stakeholders; o workers'
voice and participation in the restructuring of undertakings; o
privatization of state-owned companies; o executive pay; o
investment in vocational training in times of economic crisis; o
the impact of the EU's Cross-Border Merger Directive; o inherent
dangers in the EMU one-size-fits-all monetary policy; and o cases
of large-scale corporate fraud. Of particular interest is the
treatment of important developments in Singapore and Nigeria, as
well as lessons to be learned from pitfalls encountered in South
Africa and other countries. With its theoretical arguments and
empirical data, this volume is certainly a major contribution to
the debate over whether shareholder or stakeholder approaches to
management yield the best results in terms of employment outcomes.
As the world economic crisis continues to take its toll on
employment, pension funds, public services, and living standards,
the book is sure to find a wide audience among policymakers and
lawyers worldwide concerned with the future of employment relations
and their effect on both productivity and social stability. This
volume includes a selection of papers from the Eighth International
Conference in commemoration of Marco Biagi held at the Marco Biagi
Foundation in Modena, Italy in March 2010.
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Nadine Gordimer
Paperback
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R398
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Discovery Miles 3 300
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