Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235306 
Year of Publication: 
2021
Series/Report no.: 
CESifo Working Paper No. 8936
Publisher: 
Center for Economic Studies and Ifo Institute (CESifo), Munich
Abstract: 
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job separations, and at most small positive effects on other measures of job quality (job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and capital intensity. A 2008 introduction of shop-floor representation had similarly limited effects. Interviews and surveys indicate that worker representation facilitates information sharing rather than boosting labor’s power.
Subjects: 
worker representation
job separation
job quality
wages
firm survival
productivity
capital intensity
JEL: 
G30
J30
J50
J63
L22
Document Type: 
Working Paper
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