EQUITABLE COLLECTIVE BARGAINING THROUGH PUBLICLY ACCESSIBLE FINANCIAL DATA

ROBERT R. TRUMBLE AND THOMAS T. TUDOR

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DOI: 10.2190/0CBG-RBH1-QRHN-3XJM

Abstract

This article reveals how union leaders can obtain and utilize publicly accessible company financial information when their firm is reluctant to share it. The complete sharing of financial data by management is believed to make the typical collective bargaining process more equitable for all parties involved. However, even if this information is not fully shared, the union can still collect a substantial amount of company financial data from other sources. Venturing outside the firm to acquire financial data not only helps labor better educate themselves about the company, but can also lead to more open and rational contract negotiations. The authors examine this relatively unexplored area of labor negotiations by 1) introducing the problem of not utilizing complete financial data when obtaining union contracts, 2) giving a brief lesson on how to appropriately interpret financial data and 3) providing a recent review of outside sources readily available to acquire company financial data.

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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.