Matches in SemOpenAlex for { <https://semopenalex.org/work/W3201352013> ?p ?o ?g. }
- W3201352013 abstract "Consistent with the existing evidence from a single country study, our differences-in-differences estimation finds a negative effect of employment protection legislation (EPL) provisions on labor productivity in a sample of OECD countries. Our study is distinct, however, in that we provide empirical evidence on why EPL reduces labor productivity, which has different practical implications. While the negative effect is more pronounced among firms domiciled in countries with weaker investor protection, less developed takeover markets, and weaker employee incentives to work hard, in industries with less intense competition, and in firms suffering from more severe agency problems and firms with lower pay-for-performance sensitives, our results suggest that the firm-employee agency conflict is the channel through which employment protection legislation hurts labor productivity." @default.
- W3201352013 created "2021-09-27" @default.
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- W3201352013 date "2021-01-01" @default.
- W3201352013 modified "2023-09-24" @default.
- W3201352013 title "Employment Protection, Corporate Governance, and Labor Productivity around the World" @default.
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- W3201352013 doi "https://doi.org/10.2139/ssrn.3880839" @default.
- W3201352013 hasPublicationYear "2021" @default.
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