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Labour in the board and good work: how to measure and evidence from Germany

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Article

Scholz, Robert

Management Revue

2021

32

3

219-243

corporate governance ; labour relations ; personnel management ; board level employee representation ; codetermination ; working conditions ; decent work

Germany

Working conditions

https://doi.org/10.5771/0935-9915-2021-3-219

English

Bibliogr.

"Can board-level co-determination promote Good Work? Good Work can be char-acterised by fair income, job security, opportunities for personal development, low stress and misuse, and high-quality work equipment. Good Work is not easy to measure, in part since it has a subjective aspect. For this reason, the indicators usedin this paper are derived from data on corporate and personnel structures that are supportive of Good Work. Supplementing the numerous studies that exist on the impact of works councils on Good Work, this paper highlights how board-level co-determination can also have a strong positive influence. The paper uses data from the co-determination index (Mitbestimmungsindex), a new and innovative indicator that measures the extent to which co-determination is institutionally embedded within firms. Three examples illustrate the impact of board-level co-de-termination on Good Work: first, on the linking of elements of Good Work with the remuneration of directors in a highly co-determined corporation; second, on the independence of the member of the management board responsible for the personnel department; and third, on the level of vocational training in the companies"

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