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We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management … that existing quasi-experimental estimates suggest that codetermination has zero or very small positive effects on worker … codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010 …
Persistent link: https://www.econbiz.de/10012550209
We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management … that existing quasi-experimental estimates suggest that codetermination has zero or very small positive effects on worker … codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010 …
Persistent link: https://www.econbiz.de/10012550237
Recent studies on the economic effects of works councils in Germany using the European Company Survey estimate a significant negative effect of works councils on establishment productivity and profitability. These results are in stark contrast to studies using the IAB Establishment Panel...
Persistent link: https://www.econbiz.de/10012590772
This chapter reviews the economic effects of employee representation with statutory consultation and information rights at the workplace, the works councils. The chapter summarises the international literature which is heavily skewed towards the German case. This review focuses, first, on the...
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Most of the literature on the effects of German works councils does not deal with the issue of potential endogeneity of works council existence. Exploiting exogenous variation in works council authority stemming from a 2001 reform of the German Works Constitution Act, I apply a regression...
Persistent link: https://www.econbiz.de/10011848077
Using a large panel data set we investigate whether works councils act as 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.
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