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There remains great uncertainty about the economic consequences of co-determination in German supervisory boards … comparison of those companies that apply co-determination and those that do not has not yet been possible. However, based on a …, the existence of a co-determined supervisory board seems to positively affect productivity, but not profitability. -- Co-determination …
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This study examines differences in employment growth between firms with and without works councils by separating introduction effects from potential selectivity effects. Using a difference in differences framework, we show that firms with works councils have higher employment growth before...
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