Collective bargaining is a dynamic concept. Various types of collective have been successfully used by both labour and management to respond effectively the changing demands workplace functioning market pressure. Central concept power. At present, there definite trend in favour enterprise or ever work place rather than for industry-wide bargaining. The main issue C.B. India (a) mode ascertainin...

This paper employs a novel, firm-level collective bargaining dataset, which is extracted directly from 10-K filings, to investigate the effect of labor, as an important stakeholder of a firm, on debt contracting. I find that employees’ collective bargaining power is positively associated with loan spreads despite the possible alignment of interests between employees and debt holders. Prior lite...