LEADER 04312nam 2200745 450 001 9910456108103321 005 20200520144314.0 010 $a1-282-02275-X 010 $a9786612022753 010 $a1-4426-7834-8 024 7 $a10.3138/9781442678347 035 $a(CKB)2420000000004271 035 $a(OCoLC)244768162 035 $a(CaPaEBR)ebrary10230648 035 $a(SSID)ssj0000305710 035 $a(PQKBManifestationID)11240301 035 $a(PQKBTitleCode)TC0000305710 035 $a(PQKBWorkID)10293312 035 $a(PQKB)11780133 035 $a(CaBNvSL)thg00600324 035 $a(MiAaPQ)EBC3258447 035 $a(MiAaPQ)EBC4671817 035 $a(DE-B1597)464745 035 $a(OCoLC)1013938960 035 $a(OCoLC)944177763 035 $a(DE-B1597)9781442678347 035 $a(Au-PeEL)EBL4671817 035 $a(CaPaEBR)ebr11257510 035 $a(CaONFJC)MIL202275 035 $a(EXLCZ)992420000000004271 100 $a20160923h20052005 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPension power $eunions, pension funds, and social investment in Canada /$fIsla Carmichael 210 1$aToronto, [Ontario] ;$aBuffalo, [New York] ;$aLondon, [England] :$cUniversity of Toronto Press,$d2005. 210 4$dİ2005 215 $a1 online resource (241 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8020-3647-3 320 $aIncludes bibliographical references and index. 327 $tFrontmatter -- $tContents -- $tTables and Figures -- $tPreface and Acknowledgments -- $tIntroduction -- $tPart 1 -- $t1. The Development of Unions and Workplace Pension Plans -- $t2. The 'Prudent Man' Rule and Maximum Rate of Return -- $t3. The Expansion of Capital Markets -- $t4. Shareholder Activism -- $t5. Unions, Social Investment, and Corporate Accountability -- $t6. Value, Capital Accumulation, and Radical Accounting -- $t7. Venture Capital, Economically Targeted Investment, and Economic Development -- $tPart 2 -- $t8. A Case Study of Concert -- $t9. Carpenters and Concert: Social Accounting Models -- $t10. Collingwood and Concert: Union and Community -- $tPart 3 -- $t11. Accounting for Social Investment -- $t12. Two Models for Union Control of Pension Funds -- $t13. Education and Research -- $t14. Future Research -- $tConclusion -- $tAppendix: Canadas Top 23 Pension Funds -- $tReferences -- $tCases Cited -- $tIndex 330 $aCanadian pension fund assets are second in size only to the combined financial assets of the major banks and have become a critical source of capital for national and international markets. Given their tax-exempt status, pension funds can provide the long-term capital needed to build a new economy based on real productivity. The funds are controlled by an intricate web of financial and legal standards but, as deferred wages, are largely beyond the control of workers or their unions.In Pension Power, Isla Carmichael argues that unions could ? and should ? have a new role to play in the economy by gaining control over their members? pension funds. She demonstrates how the financial industry?s access to the capital goes against the interests of working people, and she provides convincing evidence that union management of pensions would better protect benefits and offer support in building infrastructure in communities and protecting the environment. This is a work of singular commitment to a fundamental shift in the structure of managing one of Canada?s largest pools of capital. 606 $aPension trusts$xInvestments$zCanada 606 $aDeferred compensation$zCanada 606 $aLabor unions$zCanada 606 $aCapital investments$zCanada 606 $aInvestments$xMoral and ethical aspects 608 $aElectronic books. 615 0$aPension trusts$xInvestments 615 0$aDeferred compensation 615 0$aLabor unions 615 0$aCapital investments 615 0$aInvestments$xMoral and ethical aspects. 676 $a332.672540971 700 $aCarmichael$b Isla$01036774 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910456108103321 996 $aPension power$92457296 997 $aUNINA