Strategy
Segarra Torres, José Antonio; Carrillo, Jordi
More than 150 companies have sought exemptions from sector-based or provincial collective bargaining agreements in the first six months of the application of Spain's latest labor reforms. This is one of the options available to companies as they try to survive in an extremely challenging economy. José Antonio Segarra and Jordi Carrillo analyze these measures in a technical note.
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Corporate Governance
Cantillo Simón, Miguel; Vergara Alert, Carles
How does one know if a corporate merger will create value? More importantly, how much will the merger be worth? These are tricky questions to answer because the value of any synergies only appears over time. Even so, the authors suggest three ways of making a reasonable approximation.
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Strategy
Stein Martínez, Guido; Pin Arboledas, José R.; Majada, Juan; Plaza, Salvador
Working conditions, productivity and even social harmony depend largely on collective bargaining agreements. As such, companies must know the ins and outs of collective bargaining and be constantly alert to the possibility of new rounds of negotiation. This technical note offers advice for handling the delicate give-and-take needed to navigate the process. A company's future often depends on it.
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