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The Finances of Major U.S. Unions
Author(s) -
Masters Marick F.,
Atkin Robert S.
Publication year - 1997
Publication title -
industrial relations: a journal of economy and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.61
H-Index - 57
eISSN - 1468-232X
pISSN - 0019-8676
DOI - 10.1111/0019-8676.00065
Subject(s) - decentralization , variety (cybernetics) , distribution (mathematics) , economics , business , labour economics , market economy , mathematical analysis , mathematics , artificial intelligence , computer science
Financial resources have a significant impact on labor's current attempt to reassert itself. We examine the total assets, net worth, and income of unions in (1) a cross‐sectional analysis of the distribution of financial resources across national, intermediate, and local levels of unions and (2) a longitudinal analysis of trends in a variety of financial measures. We observe considerable decentralization of financial resources across levels, substantial concentration of resources, and differences across and within union sectors. These results are discussed with regard to current merger activity.