The British Home Stores pension scheme: privatised looting?

Clark, I ORCID logoORCID: https://orcid.org/0000-0001-7698-2715, 2019. The British Home Stores pension scheme: privatised looting? Industrial Relations Journal. ISSN 0019-8692

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Abstract

On entering administration, British Home Stores owed its pension scheme £571 million—a significant employment relations issue of historical wage theft by investor–owner managers. The article locates ‘lawful’ looting of business assets in a framework that builds on Ackerlof and Romer's theory of bankruptcy for profit and connects this to an empirical narrative on business re‐structuring at British Home Stores towards administration.

Item Type: Journal article
Publication Title: Industrial Relations Journal
Creators: Clark, I.
Publisher: Wiley-Blackwell
Date: 6 August 2019
ISSN: 0019-8692
Identifiers:
Number
Type
10.1111/irj.12261
DOI
Divisions: Schools > Nottingham Business School
Record created by: Jonathan Gallacher
Date Added: 12 Aug 2019 13:39
Last Modified: 12 Aug 2019 13:39
URI: https://irep.ntu.ac.uk/id/eprint/37235

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