Showing 1 - 10 of 69
propose redistributive tax and welfare reform, extended codetermination, subsidised profit sharing and employee buyouts. …
Persistent link: https://www.econbiz.de/10012213762
While most working people are in employment, there is little realisation that this relationship is inefficient and inequitable due to mis-aligned incentives - employers, as residual claimants, have an incentive to elicit greater than socially optimal effort from workers, thus generating conflict...
Persistent link: https://www.econbiz.de/10012427783
A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on...
Persistent link: https://www.econbiz.de/10009631451
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 …
Persistent link: https://www.econbiz.de/10012550237
Using a large panel data set we investigate whether works councils act as sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency.
Persistent link: https://www.econbiz.de/10011415166
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/10012138978
pillars of the model: sectoral collective bargaining and firm-level codetermination. Relative to the United States, Germany … unemployment, but may also erode bargaining coverage and increase inequality. Meanwhile, firm-level codetermination through worker …
Persistent link: https://www.econbiz.de/10013346954
This paper analyzes the role of works councils as gatekeepers safeguarding employee's interests in the adoption of monitoring practices. We first introduce a formal model predicting that (i) the introduction of monitoring practices leads to a stronger increase (or weaker decrease) in job...
Persistent link: https://www.econbiz.de/10013547705
Despite its lack of attractiveness to other countries, the German system of quasi-parity codetermination at company … level has held up remarkably well. We recount the theoretical arguments for and against codetermination and survey the … globalization and the availability of alternative forms of corporate governance in the EU. -- Codetermination ; board-level employee …
Persistent link: https://www.econbiz.de/10003793899
Industrial relations are in flux in many nations, perhaps most notably in Germany and the Britain. That said, comparatively little is known in any detail of the changing pattern of the institutions of collective bargaining and worker representation in Germany and still less in both countries...
Persistent link: https://www.econbiz.de/10003904912