Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/57116
Year of Publication: 
2010
Series/Report no.: 
Working Paper Series in Economics No. 177
Publisher: 
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre, Lüneburg
Abstract: 
There remains great uncertainty about the economic consequences of co-determination in German supervisory boards. Because employee representation on company boards is mandatory, depending on the legal form and size of the company, a direct comparison of those companies that apply co-determination and those that do not has not yet been possible. However, based on a new kind of combined data set, this paper conducts such a direct comparison, leading to more reliable results about the economic consequences of workers' participation on two core performance indicators: productivity and profitability. Accordingly, the existence of a co-determined supervisory board seems to positively affect productivity, but not profitability.
Subjects: 
co-determination
board-level employee representation
Germany
JEL: 
J50
Document Type: 
Working Paper

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