Financialization, New Investment Funds, and Weakened Labour: The Case of the UK

Financialization, New Investment Funds, and Weakened Labour: The Case of the UK
复制标题

金融化、新投资基金和劳动力被削弱:英国的案例

DOI:
--
复制
发表时间:
2014
期刊:
影响因子:
--
通讯作者:
H. Gospel
H. Gospel
中科院分区:
--
文献类型:
--
作者:
A. Pendleton;H. Gospel

文献摘要

被引文献

相似文献

本章显示,英国的PE,HF和EHF活动水平在欧洲最高。这主要是因为英国金融和证券监管的宽松性质,其次是劳动监管。基金活动在2007年之前大幅增长,然后在私募股权和高频基金方面有所下降;自2010年以来,私募股权和高频基金活动有所恢复。国家投资框架在获得过程之前和过程中很少与劳工协商。NIF的干预和获得确实在就业方面造成了一些动荡,最初的就业机会减少,但后来也创造了就业机会。关于对劳资关系的影响的证据有限,但表明在大多数情况下,国家投资框架不会产生重大变化。自经济衰退以来,出现了几起私人股本对就业制度产生负面影响的引人注目的案例。
The chapter shows that the UK has the highest levels of PE, HF, and SWF activity in Europe. This is explained primarily by the permissive nature of UK financial and securities regulation and, to a lesser extent, of labour regulation. Fund activity grew significantly up to 2007 and then declined in the case of PE and HFs; since 2010, there has been a recovery in PE and HF activity. It is rare for NIFs to consult with labour before and during the acquisition process. NIF intervention and acquisition does create some turbulence in employment, with initial job loss, though also with later job creation. Evidence on the effect on industrial relations is limited, but suggests that in most cases NIFs do not make major changes. Since the recession there have been several high profile cases of PE having a negative effect on employment systems.