Using a large panel data set we investigate whether works councils act as a 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

Machine generated contents note: Part I: Participation Programs: Mapping the Field -- Chapter 1 Problem Areas and Definitions -- Chapter 2 Indirect Representative Programs -- Chapter 3 Direct Participation Programs -- Chapter 4 Economic Participation Programs -- Part I: Two Generations of...

Using a large panel data set it is investigated whether works councils act as a 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