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We analyse how countries' innovation outcomes are affected by national legislations of worker participation to … corporate governance. We develop a model of employee representation laws (ERL) and innovation in the presence of incomplete …, over the 1977-2005 period. We find that ERL effects on aggregate innovation output are positive, statistically significant …
Persistent link: https://www.econbiz.de/10011451287
We analyse in what way co-determination affects non-compliance with the German minimum wage, which was introduced in … 2015. The Works Constitution Act (WCA), the law regulating co-determination at the plant level, provides works councils … the law. The economic correlates of co-determination, such as higher productivity and wages, affect non-compliance in …
Persistent link: https://www.econbiz.de/10014427309
We analyse in what way co-determination affects non-compliance with the German minimum wage, which was introduced in … 2015. The Works Constitution Act (WCA), the law regulating co-determination at the plant level, provides works councils … the law. The economic correlates of co-determination, such as higher productivity and wages, affect non-compliance in …
Persistent link: https://www.econbiz.de/10014431785
We analyse in what way co-determination affects non-compliance with the German minimum wage, which was introduced in … 2015. The Works Constitution Act (WCA), the law regulating co-determination at the plant level, provides works councils … the law. The economic correlates of co-determination, such as higher productivity and wages, affect non-compliance in …
Persistent link: https://www.econbiz.de/10014432479
Why does codetermination exist in Germany? Law and economics theories have contended that if there were no legal … from the ‘nexus of contracts’ conception of the corporation, supports a normative argument that codetermination is …, as a ‘thing in itself’, and as an ‘institution’, this article explores the development of German codetermination from the …
Persistent link: https://www.econbiz.de/10014139537
We analyse in what way co-determination affects non-compliance with the German minimum wage, which was introduced in … 2015. The Works Constitution Act (WCA), the law regulating co-determination at the plant level, provides works councils … the law. The economic correlates of co-determination, such as higher productivity and wages, affect non-compliance in …
Persistent link: https://www.econbiz.de/10014435269
Persistent link: https://www.econbiz.de/10011856770
innovation, we identify the effect of dismissal laws by exploiting the time-series variation generated by staggered country …-level law changes. Using fixed effect panel regressions and difference-in-difference tests, we find that innovation is fostered by … stringent laws governing dismissal of employees. In addition, stringent dismissal laws disproportionately influence innovation in …
Persistent link: https://www.econbiz.de/10012753196
Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …
Persistent link: https://www.econbiz.de/10013316553
Persistent link: https://www.econbiz.de/10000808530