| Abstract: | There are two approaches to the analysis of financial management of unions: a macro-approach examining financial management for all the unions lumped together as a type of organization, and treating business firms as another type, and an approach at the micro-level which attempts to explain the performance of individual unions, i.e. the differences in performance of different unions on the bases of such features as size, age, services rendered etc. Combining the two approaches, although with greater emphasis on the micro treatment, this study analyses the factors responsible for the success-differences in financial management of different unions by applying the criteria of business firms to the measurement of success. Notes, tables, diagram, appendices. |