Kato, Takao; Lee, Ju HO; Lee, Kang-sung; Ryu, Jang-soo - In: International Economic Journal 19 (2005) 2, pp. 251-281
This paper provides evidence on the incidence, scope and nature of employee participation in Korea. The key findings include: (i) the incidence of works councils (WCs) is higher than in most other countries; (ii) not all WCs are functioning well with a little less than 70% of Korean firms having...