cam a22 4 4500 316980048 CHVBK 20201008105423.0 140620s2014 xxk 00 eng d 016557372 Uk 978-0-19-965358-4 (IDSSG)000644614 (IDSBB)006260993 (OCoLC)856981081 (OCoLC)852830076 BTCTA ger SzZuIDS HSG kids HG4530 .F56 2014 332.6 23 QV 000 rvk CH0015530F106DC27A903C1257CB00043DEDC iCapture Financialization, new investment funds, and labour an international comparison ed. by Howard Gospel, Andrew Pendleton, and Sigurt Vitols Oxford Oxford University Press 2014 XXII, 380 S. Ill. The book provides a comprehensive, comparative treatment of the development of New Investment Funds (NIFs)-private equity, hedge funds, and sovereign wealth funds-and their impact upon labour and employment. Several countries are selected for in-depth treatment with a chapter devoted to each: US, UK, Australia, Germany, Netherlands, Sweden, Italy, Poland, and Japan. The book examines variations in the level and type of fund activity between countries, considers influences upon these variations, and analyses differences in the impact of these funds on labour and employment. This analysis is located in a broader discussion of the nature and development of corporate financialization and comparative capitalism. Financialization has supported the development and growth of these funds, and many aspects of these funds exemplify the process of financialization. Each chapter reports the evidence on the impact of these funds on labour and employment. Case studies conducted by the authors supplement other evidence. Much of the evidence shows that private equity funds can have adverse effects on labour, such as reductions in employment, but there is also evidence of more positive effects in some cases such as employment growth and adoption of high commitment human resource practices. There is much less evidence on the effects of activist HFs and SWFs, with the impact on labour typically being indirect. Between them, the chapters show that variations in national regulation have a significant impact on both the development of fund activities and their effects. With regard to labour effects, employment and labour regulations do not seem to be of prime importance in explaining the level of fund activity, but regulation supporting worker consultation and voice affects the capacity of labour representatives to influence the outcomes of fund activity on labour and employment. Private Equity (DE-588)7594875-8 gnd Arbeitsbeziehungen (DE-588)4002617-6 gnd Beschäftigungswirkung (DE-588)4126724-2 gnd Investmentfonds (DE-588)4114047-3 gnd Internationaler Vergleich (DE-588)4120509-1 gnd Mutual funds Social aspects Cross-cultural studies Industrial relations Private equity Hedge funds Sovereign wealth funds Aufsatzsammlung gnd-content Gospel Howard Pendleton Andrew Vitols Sigurt Online-Ausgabe (IDSSG)000656407 516291777 http://unisg.link/hm00409364 Inhaltsverzeichnis BK020000 XK020000 XK020000 IDSBB B589 B589 FH BWW_QV_000 10 VW L.IX.b 133 NELB5891406 IDSSG HSG HSG EG QP 752 G676 IDSSG HSG HSG EG QP 752 G676 +2 IDSSG 700 1- Gospel Howard IDSSG 700 1- Pendleton Andrew IDSSG 700 1- Vitols Sigurt IDSSG 776 08 Online-Ausgabe (IDSSG)000656407 516291777 IDSSG 856 4- http://unisg.link/hm00409364 Inhaltsverzeichnis IDSBB 700 1- Gospel Howard SWISSBIB 316980048