Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961–1999

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Employment Protection and Takeovers (2017, unknown): “Lee and Mas (2012) study the impact of firmlevel union elections on firm performance and find that union wins are associated with stock price losses, as well as decreases in firm profitability and growth.”
Do Nonfinancial Stakeholders Affect the Pricing of Risky Debt? Evidence from Unionized Workers (2012, unknown): “This result is in line with those in Lee and Mas (2009), who find no effect of union election results on book leverage.”
Testing for Manipulation in the Regression Discontinuity Design When the Running Variable Is Discrete (2016, methodology): “…school enrollment (Angrist and Lavy, 1999), the effects of unionization using representation election vote share bins (DiNardo and Lee, 2004; Lee and Mas, 2012; Frandsen, 2015), the effects of Medicaid eligibility based on age in months (Card and Shore-Sheppard, 2004), the effect of Pre-K…”