Business Services Industry
Unions using activism for influence.
Australasian Business Intelligence, February, 2006
Feb 14, 2006 (Superfunds - ABIX via COMTEX) -- The University of Melbourne's Centre for Corporate Law and Securities Regulation has
released research into trade unions. Based on the various changes to labour laws between 1996 and 2006, unions are pursuing industrial relations (IR) issues via shareholder activism rather than traditional routes. The centre's Professor Ian Ramsay and Kirsten Anderson forecast that unions will join with
superannuation funds in order to force resolutions at stockholders' meetings. Unions are increasingly using the
Corporations Act as a result of the IR changes under the Workplace Relations Act and the WorkChoices legislation....
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