Philippine Daily Inquirer

APSSR PUTS SPOTLIGHT ON RESEARCH ABOUT REPRESENTA­TION OF CONTRACTUA­L WORKERS IN THE PHILIPPINE­S, INSTITUTIO­NAL OWNERSHIP ACTIVISM IN INDIA

- By Kenneth M. del Rosario

The Asia-Pacific Social Science Review (APSSR) is an internatio­nally refereed journal, which publishes research-based articles in the social science. Published twice a year by the De La Salle University Publishing House, featured studies are mostly conducted by academics and researcher­s from the Asia-Pacific region. Many of the topics covered in the journal are compelling and have real-world implicatio­ns and applicatio­ns. The following articles were written and edited based on two of the research papers featured in the latest edition of APSSR. * Between Representa­tion and Regulation The incidence of non-standard employment (NSE) has increased locally in the last 15 years, amidst declining union density rates. NSE, which has become synonymous with “non-regular employment,” refers to work that is short-term and unprotecte­d. In the Philippine­s, this is more popularly known as contractua­lization or “endo,” (a colloquial shorthand for persons whose short-term contract has ended or is ending soon). In a research paper called “Between Representa­tion and Regulation: Union Strategies on Non-Standard Employment in Selected Industries in the Philippine­s” by Melisa R. Serrano of the University of the Philippine­s-Diliman, she examines how this twin phenomenon has posed challenges to trade unions’ structures and their understand­ing of representa­tion. The number of non-standard workers in the country, who are often engaged in precarious work, across all establishm­ents totaled some 7 million in 2015, according to the Philippine Statistics Authority. Trade unions are often seen as an agency addressing the associated precarious­ness with NSE. Unions try to expand their mantle of representa­tion to nonstandar­d workers as a way to reverse membership decline, avert waning influence, and energize their organizati­on, the article noted. decade, started The to research trade experiment unions found have that, in noticeably the last on organizing non-standard workers, albeit sporadic. It found that unions prefer regulation over representa­tion. In a nutshell, results reveal that the main union strategy is regulation, in terms of restrictin­g the use of NSE by employers in order to limit if not stop employers’ practice of subjecting workers to short-term employment arrangemen­ts.

* On Institutio­nal Ownership Activism

nated weathered US ership and Emerging and India’s A crisis investment Financial research global Activism, in stock Market” the the investors, called Crisis: late tough market behavior Market 2000s. looked “Institutio­nal times Evidence especially growth of at Performanc­e, following the the has From institu- trading after Own- fasci- the an it tional ket on the Conducted post-financial investors market performanc­e. by in the crisis B.D. Indian Panda and capital their and effect mar- N.M. Leepsa nology that foreign of in the India, institutio­nal National the research Institute investors suggested of Tech- enhance whereas performanc­e domestic institutio­nal of the Indian investors market, dampen it. The paper also found that equity investment from banks and insurance companies have a harmful effect, while mutual fund investment has no significan­t impact on the market performanc­e of the Indian firms. Results of the research suggested that investment­s from domestic banks and insurance companies do not aid in improving the market performanc­e after the crisis, which shows that these investors lack the market timing and stock picking abilities.

APSSR, a Scopus-abstracted journal, is a Commission on Higher Education ‘Journal Challenge Grant’ awardee. Visit APSSR’s website at http://apssr.com to read all research papers in full.

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