Toward Common Sense and Common Ground? Reflections on the Shared Interests of Managers and Labor in a More Rational System of Corporate Governance.

The article presents a study which focuses on the common corporate governance interest of managers of American corporations. It also examines the interest of labor at less-elevated levels for those corporations. It was believed that the shared interests of managers and labor in a more rational system of corporate governance have a big impact on the U.S. equity markets. Moreover, it was found out that both management and labor might be thought to have more concern for the continued ability of American corporations to support domestic employment. The study found out that unless the management and labor recognize their common interests, both may see little corporate governance turmoil and short-term market pressures taken away from the long-term goal of corporate profit and job growth.