Showing 1 - 10 of 537
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
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...
Persistent link: https://www.econbiz.de/10012496075
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/10013362031
This paper considers the likely impact that European Union (EU) will have on the labor compact. It is argued that, despite increased economic integration in Europe, countries will still be able to maintain distinct labor practices if they are willing to bear the cost of those practices. The...
Persistent link: https://www.econbiz.de/10012471320
Empirical studies on information communication technologies (ICT) typically aggregate the "information" and "communication" components together. We show theoretically and empirically that these have very different effects on the empowerment of employees, and by extension on wage inequality. If...
Persistent link: https://www.econbiz.de/10012463674
In countries where wages are primarily set by collective bargaining, the effects on unemployment of changes in the economic environment depend crucially on the speed of learning of unions. This speed of learning is likely to depend in turn on the quality of the dialogue that unions have with...
Persistent link: https://www.econbiz.de/10012468103
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 … 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/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