The Forum > Article Comments > IR reform no bad thing > Comments
IR reform no bad thing : Comments
By Graeme Haycroft, published 27/3/2006There may have been dire warnings, gnashing of teeth, and impassioned wailing, but really the new IR legislation is not a radical change.
- Pages:
-
- 1
- 2
- 3
- ...
- 5
- 6
- 7
- Page 8
- 9
- 10
-
- All
Companies are made up of shareholders and they are required to operate collectively - through their boards and management.
If we were "fair" and logical and apply the same thinking as the IR laws to corporate law we would either require all shareholders to negotiate separately on issues or give them the choice of opting out of the collective arrangement.
Alternatively applying the thinking of corporate law to labour laws we would require employees to bargain collectively as we now require shareholders to bargain collectively and we would not allow individual contracts. We would also put restrictions on the cross company collectivisation of labour as we now put restrictions on the operation of shareholders across companies through competition policies and the like.