Are Unions Greedy Because They Expect Workers to Receive More

question 66

Short Answer

Are unions greedy because they expect workers to receive more than they are worth,or is management greedy because it takes excessive salaries and gives too large a share of the profits to the owners?

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Definitions:

Dividend

A portion of a company's earnings distributed to its shareholders, usually periodically.

Preferred Stock

A type of stock that provides dividends before common stock and has priority over common stock in the event of liquidation.

Annual Dividend

The total amount of dividends a company pays out to its shareholders in one fiscal year.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument as stated by the issuer.