This paper deals with institutional challenges German works councils face currently. These challenges consist of structural economic change from industrial to service sectors accompanied by an extension of ‘co-determination-free-zones’, an enhanced labour force diversity beyond the image of...

We show the incentive for divisionalization by a monopolist producer. Incontrast to the previous literature, where divisionalization occurs for product marketadvantage, we show that divisionalization occurs if it provides strategic advantage inthe labor market. With unionized labor market, we...

Vorliegendes Arbeitspapier stellt das angelsächsische Board-Modell am Beispiel Großbritannien vor.