Series: IMF Working Papers
Author(s): Kenichi Ueda , and Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2008
Keywords: stakeholders, shareholders&;amp;#x2019; maximization, financial liberalization, employment protection, employment, shareholders,
Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of dif...