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Review table 11.8 in your textbook. Describe the table's findings and then present your opinion regarding the success/failure of maintaining high-quality relationships between management and

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Review table 11.8 in your textbook. Describe the table's findings and then present your opinion regarding the success/failure of maintaining high-quality relationships between management and unions.

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Airline performance Service Aircraft Labor Operating failure productivity productivity margins Union representation -0.11 0.70 0.11 0.02 (0.633) (0.000) (0.388) (0.050) Shared governance -0.40** * -0.53 -0.07 -0.02* (0.000) (0.000) (0.375) (0.001) Negotiating relationships | 0.25* -0.46* -0.21 -0.07 (0.016) (0.002) (0.113) (0.000) Workplace relationships -0.22* 0.54 * * * 0.35 * * * 0.03 * * * (0.014) (0.000) (0.000) (0.000) Wage levels (log) -2.08** -3.55 * * * -1.30*** -0.14 * * * (0.000) (0.000) (0.000) (0.000) Capital intensity 4.25 -2.73 * * * 0.98 0.41 * * * (x106) (0.000) (0.000) (0.095) (0.000) Leg length (x103) -0.78** -1.46 * * * -0.12* (0.007) (0.000) (0.000) Aircraft size (x102) 2.09*** 0.58* 0.11* (0.000) (0.040) (0.000) R2 0.36 0.56 0.39 0.65 Figure 11.8 Impact of labor relations on airline performance. All models are random effects

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