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Offshoring makes firms more productive.
Conversely, the higher job stability implied by the much higher EPL enjoyed by permanent workers makes firms more eager to invest in their training.
Whenever wage rigidity prevents firms neutralizing severance payments (i.e., a transfer from employers to workers), this gap in EPL rules makes firms more prone to use temporary contracts in sequence and less so to convert these contracts into permanent contracts.
According to Mooij (2011), although the existence of debt in the capital structure did not cause the financial crisis, excessive leverage makes firms more vulnerable to economic shocks and therefore debt bias might have contributed to the extent of the crisis.
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Many people claim that mentioning the website tends to make firms more attentive to their needs.
Mr Romney says he made firms more productive, thus enriching America.
The financial crisis has made firms more skittish about relying on banks or securities markets for funds.
If that were the only way to make firms more productive, I could well understand why many don't warm to the idea.
The escalation of the euro-zone crisis in the autumn made firms more cautious.The audacity of hopeGrowing confidence about the world economy might persuade firms to loosen their purse-strings.
Tilting the scales like this should help make firms more resilient, since equity is elastic: its value drops in downturns, and dividend payments to investors (unlike interest payments to creditors) can be cancelled.
They should behave responsibly and not treat us like doormats.' · By making company directors legally responsible for the social and environmental impacts of their business activities, G8 leaders could make firms more accountable for workers in their supply chain.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com