Summary This paper presents new evidence of works council impact on two dimensions of firm performance, namely, relative profitability as assessed by top management, and innovative activity as measured by new product development. The extant German literature is reviewed en passant, and some care...

Summary Summary measures of the overall strictness of a country’s employment protection laws have proven popular constructs in cross-country studies of the covariation of labour market institutions and macroeconomic outcomes. Portugal occupies an unenviable position in the rankings, and is...

Summary Using OLS and quantile regression methods and rich cross-section data sets for western and eastern Germany, this paper demonstrates that the impact of works council presence on labor productivity varies between manufacturing and services, between plants that are or are not covered by...

Das deutsche System der Mitbestimmung auf Betriebs- und Unternehmensebene und seine Konsequenzen für verschiedene Dimensionen des Firmenerfolgs und des Firmenverhaltens (wie z.B. Produktivität oder Standortwahl) ist seit langer Zeit Gegenstand zahlreicher theoretischer und empirischer...

Using OLS and quantile regression methods and rich cross-section data sets for western and eastern Germany, this paper demonstrates that the impact of works council presence on labor productivity varies between manufacturing and services, between plants that are or are not covered by collective...