German works councils provide a highly developed mechanism for codetermination designed to increase trust and cooperation within firms. This study examines whether or not the functioning of works councils depends on the type of ownership. Comparing domestic- and foreign-owned firms in Germany,...

Investitionen aus den wachstumsstarken BRIC-Staaten (Brasilien, Russland, Indien und China) haben in den vergangenen Jahren in Deutschland stark an Bedeutung gewonnen. Über das tatsächliche Ausmaß des Investitionsgeschehens und die mit den Unternehmen verbundenen Wirkungen liegen bislang aber...

The labor movement is waning and private equity is waxing. As the percentage of U.S. workers in unions falls to all-time lows, the ability of those workers to have a say in their relations with their employers diminishes. At the same time, workers’ pension funds currently sit on trillions of...