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informal worker involvement in decision-making, independently of formal codetermination. Third, codetermination laws may …We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management … that existing quasiexperimental estimates suggest that codetermination has zero or very small positive effects on worker …
Persistent link: https://www.econbiz.de/10012585405
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...
Persistent link: https://www.econbiz.de/10012480463
Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question - especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...
Persistent link: https://www.econbiz.de/10012482488
This study uses a 10-year longitudinal database on U.S. manufacturing establishments to analyze the dynamics of the adoption and termination of employee involvement programs (EI). We show that firms' use of EI has not grown continuously, but rather introduce and terminate EI policies in ways...
Persistent link: https://www.econbiz.de/10012465778
This paper reviews workforce participation in strategic decisions - those that affect the basic direction of the company - when workforce interests are represented collectively through unions. We consider the problem of corporate governance and review the rationale for what we term strategic...
Persistent link: https://www.econbiz.de/10012469109
A great many American firms have organized workplace decision-making in new ways to get employees more involved in …
Persistent link: https://www.econbiz.de/10012470682
Using both quantitative data from national surveys and qualitative data from our own field research, this paper provides evidence on changes in participatory employment practices in Japan during the economic slowdown in the 1990s. Overall, consistent with the complementarity of such practices...
Persistent link: https://www.econbiz.de/10012470771
German system of codetermination,' a governance system under which employees are allocated some control rights over corporate … assets by law. Codetermination laws require that employees be represented on the (supervisory) board of directors. If … codetermination sufficiently empowers employees, and if stockholders' rights cannot be contractually protected, then employees may …
Persistent link: https://www.econbiz.de/10012470791