Investigating Adoption of Compulsory Employment Arbitration Among the 2022 Fortune 100
Open Access
Author:
Cordano, Olivia
Area of Honors:
Interdisciplinary in Finance and Labor and Employment Relations
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
Mark David Gough, Thesis Supervisor Brian Spangler Davis, Thesis Honors Advisor Christopher Cody Stephens, Faculty Reader
Keywords:
return on asset return on equity profitability fortune 100 board of directors female CEO DE&I reporting labor efficiency ratio compulsory employment arbitration change in rank best companies to work for top-revenue producing companies employment law
Abstract:
The present study investigates the Fortune 100 sample from 2022 concerning their use of compulsory employment arbitration, which has grown in popularity since Gilmer v. Interstate/Johnson Lane (1991). Many on the list of these top revenue-producing companies use the cheaper, timely, and private alternative dispute resolution (ADR) method of compulsory arbitration, while few do not and pursue the expensive, lengthy, and public means of litigation in the court system. This paper fleshes out why this is the case by delving into the history of compulsory employment arbitration and then utilizing the Fortune 100 sample from 2022 to theorize on company financials, Board of Directors, and publicly/non-publicly held considerations, all under the umbrella of whether they utilize employment arbitration and how often.
