search query: @author Fuess, S. M. Jr. / total: 1
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| Author: | De Fusco, R. A. Fuess, S. M. Jr. |
| Title: | The effects of airline strikes on struck and nonstruck carriers |
| Journal: | Industrial and Labor Relations Review
1991 : JAN, VOL. 44:2, p. 324-333 |
| Index terms: | AIRLINES STRIKES STOCK MARKETS REGULATIONS MANUFACTURING INDUSTRY MINING INDUSTRY |
| Language: | eng |
| Abstract: | Research results provide new evidence on the industrywide impact of strikes by investigating how strikes have affected the values of struck and nonstruck airlines. Using stock market data for the years 1963-86, it is shown that most strikes adversely affected the value of struck airlines' stock but enhanced the stock value of nonstruck carriers. The results also show that strikes before October 1978, which marked the end of strict regulation of the industry and of the employers' mutual aid pact, had some effects different from those of strikes after that date. An examination of strikes in manufacturing or mining industries would provide a particularly interesting follow-up to the present study. |
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