WAGE INTERDEPENDENCE THROUGH DECENTRALIZED BARGAINING

Abstract. The idea that sector-specific unions are influenced by the wages obtained by other unions has mainly been used to support the empirical observation that wages are highly correlated among industries. The sources of wage interdependence can mainly be found in unions'preferences, in the nature of technology and in price and demand determination. The presence of externalities and of strategic complementarity among unions leads to suboptimal equilibria, which generates non-desired inflation, unemployment and possibly also trade balance deficit. This enforces the idea that part of current unemployment can be eliminated by improving the cooperation between social actors.     

Determinants of the Multinationals' Social Response. Empirical Application to International Companies Operating in Spain

To survive and be successful in today's setting of globalisation and complexity, companies are obliged to think in wider strategic terms, developing active and enterprising strategies that include social, political and ecological elements, besides the economic ones. The analysis of the relationship between companies and society is especially interesting when these companies operate in international markets. Countries demand that large corporations contribute to local, regional and national development in such a way that their resources are exchanged for a significant increase in their citizens' quality of life. Faced with that fact, the aim of this work is to establish what actions the subsidiaries will take in order to offer a response to the needs of their stakeholders in the host countries. Secondly, we attempt to identify the factors explaining the different levels of social response of the subsidiaries established in a particular country by different parent companies. The empirical study was carried out on a sample of Spanish subsidiaries in the two manufacturing industries with most foreign investment (the chemical and automobile industries) and the results obtained both confirmed the validity of the tool used to measure social response and permitted us to determine which factors influence the institutionalisation of social responsiveness.     

Correlates of creative behaviour: the role of leadership and personal factors

An organizational field study was conducted to test the relationship between subordinate openness to experience, supervisor charismatic leadership, and creative behaviour. Data were collected from 167 employee‐supervisor pairs of a manufacturing company that produces advertising specialty products. Charismatic leadership related positively to subordinates' creative behaviour only for subordinates low in openness to experience and not for their high openness to experience counterparts. Implications for theory and practice are discussed. Copyright © 2010 ASAC. Published by John Wiley & Sons, Ltd.     

How to Get the Lisbon Strategy Back on Track

Halfway through the Lisbon process, achievements have in many respects fallen distinctly behind the ambitious aims set by EU heads of state and government in March 2000. What has gone wrong? What changes are required to get the process back on track? Is a Lisbon strategy, even a reformed one, really needed?     

When strategies collide: Divergent multipoint strategies within competitive triads

As market barriers fall and market boundaries blur, firms are becoming increasingly broad in their scope of operations and markets. This expansion in a firm's scope intensifies competition as the interaction between rivals spreads across many markets. To succeed as a firm, managers must then take a multi-market approach to competition. Critical to success is an understanding of how rival contact across markets can affect a firm's competitive behavior. This understanding exists for competition between two firms; however, few firms face only one rival across multiple markets. We expand the focus on one competitor and explore configurations of competitive triads. We explain why triadic competition is more dynamic and deviates somewhat from dyadic competition, and set the foundation for exploring competition among a broader set of competitors.