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Symposium the Economics of Mandated Codetermination.: Schmollers Jahrbuch, 123. Jg. (2003), Heft 3 (S. 337-470).

Symposium the Economics of Mandated Codetermination.: Schmollers Jahrbuch, 123. Jg. (2003), Heft 3 (S. 337-470).

Paperback

Series: Schmollers Jahrbuch. Journal of Contextual Economics

ManagementReligion General Social Movements

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ISBN10: 3428114094
ISBN13: 9783428114092
Publisher: Duncker & Humblot
Published: Dec 15 2003
Pages: 134
Language: German
The analysis of codetermination in general and of
mandated works councils in particular has long been a neglected topic in labour and
personnel economics. However, with the availability of a number of large and
representative firm panels the situation has changed considerably over the last five
to ten years. Although our knowledge as to the economic consequences of worker
involvement in decision making processes at the firm level is still limited, we have
witnessed a rapid increase in the number and - even more important - the quality - of
the studies published recently.

The papers assembled in this special issue have been presented and discussed at a
conference entitled The Economics of Mandatory Works Council that was held at the
University of Witten/Herdecke on February, 20th, 2002. It appears from the studies -
written by some of the leading experts in the field - that works councils are neither
generally detrimental nor completely advantageous to firms. The findings presented in
the different papers not only contradict the theoretical paradigms but also prove
that further research should address in particular the interaction between management
and worker representatives - an area that has not been touched so far.

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