This was done in order to maintain a mutual cohesiveness and respect between the employees and employer. Respect is very important because it shows character and it also shows that a person or companies know how to be civil. It conveys that two groups can abide by rules and regulations. One of the regulations or acts is the Labor-Management Reporting and Disclosure Act of 1959. According to the United States Department of Labor, the Labor-Management Reporting and Disclosure Act (LMRDA),
Provides standards for the reporting and disclosure of certain financial transactions and administrative practices of labor organizations and employers; the protection of union funds and assets; the administration of trusteeships by labor organizations; and the election of officers of labor organizations. The Act also guarantees certain rights to all union members