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The laws on codetermination in Germany provide enormous rights for employees to control and influence the decisions of … firms. This weakens the owners' property rights, which, however, is not necessarily inefficient. Codetermination can be seen …-interest in legal provision of codetermination. The paper analyzes four different institutional arrangements, distinguishing …
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This paper investigates the effect of different forms of corporate governance on the structure and nature of stakeholder relationships within organizations and the consequent impact on employment relations within the firm. In this, HRM assumes a dual role in delivering improvements in production...
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This paper analyzes whether workplace employee representation (ER) affects the design of firm hierarchies. We rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends on the trade-off between communication and knowledge...
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We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management … that existing quasi-experimental estimates suggest that codetermination has zero or very small positive effects on worker … codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010 …
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Most of the literature on the effects of German works councils does not deal with the issue of potential endogeneity of works council existence. Exploiting exogenous variation in works council authority stemming from a 2001 reform of the German Works Constitution Act, I apply a regression...
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