Context, enactment and contribution of employee voice in the boardroom: evidence from large German companies
International Journal of Business Governance and Ethics
2011
6
2
111-134
codetermination ; dispute settlement ; management board ; workers participation ; corporate governance
Workers participation and European works councils
English
Bibliogr.
"Corporate governance literature to date has tended to neglect employees and their impact, particularly at the level of company boards. Moreover, most research relating to boards has adopted a 'black box' approach and a distinctively quantitative methodology. Given these deficits, this paper aims to provide a comprehensive picture of employee voice in major German company boardrooms based on a qualitative analysis of interviews with directors from different board actor groups. It will be shown that board processes in the context of German parity codetermination are akin to political games, in which power structures, handling of information and consensus finding play a decisive role. Moreover, the importance of path dependency to understand and interpret those processes will be highlighted."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.