The debate on employee representation on corporate boards has received considerable attention from scholars and politicians around the world. We provide new insights to this ongoing discussion by applying power indices from game theory to examine the actual voting power of employees on boards...

Co-determination is not only a political, social and legal issue, it is also an issue of great economic importance. However, there is no consensus what the economic effects of co-determination are. There are vehement proponents for and equally dedicated opponents against co-determination in the...

The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the real power of employees on boards and its...

Anhand eines Paneldatensatzes der drittelmitbestimmten Unternehmen im DAX, MDAX und SDAX zwischen 1998 und 2007 wird der tatsächliche Einfluss der Arbeitnehmervertreter im Aufsichtsrat über in der Spieltheorie etablierte Machtindizes gemessen. Dabei zeigt sich, dass faktisch trotz Erfüllung...

The debate on employee representation on corporate boards has received considerable attention from scholars and politicians around the world. We provide new insights to this ongoing discussion by applying power indices from game theory to examine the actual voting power of employees on boards...

The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the real power of employees on boards and its...

This paper examines the determinants of executive turnover on two-tiered boards, emphasizing the monitoring role of supervisory board members with simultaneous outside directorships. Based on a unique sample of executives from large German firms, we find that outside supervisory board members...

The interdependences of payment schemes, returns and the existence of a works council are analysed by using data collected on German firms in the sector of mechanical engineering. There is no connection between payment schemes and returns, whereas a works council has a negative effect on a...