Articoli Taggati → Netherlands

The superiority of codetermination.

The United States should learn from the better performance of European companies which have worker representation on boards.

In comparison with the United States, the economies of northern Europe do a superior job of fulfilling Adam Smith’s hopes for capitalism as a mechanism to diffuse prosperity. Their success in displacing the US as the economic land of opportunity is a consequence of American corporations prioritising shareholder returns. In contrast, northern European companies with a codetermination system—where employees sit on company boards—prioritise strengthening domestic labour markets. Continua la lettura →

Intervista ad Aleksandra Gregorič

Gregoric

President of the International Association for the Economics of Participation (IAFEP); Associate Professor at the Center for Corporate Governance, Department of International Economics and Management at Copenhagen Business School.

Workers’ participation realizes through various forms and levels, from employee ownership to workers’ involvement through the works councils and boards of directors. Overall, what are the main empirical findings with regards to the economic effects of the different participatory forms?

The extant scholarly research provides support to the proposition that participatory practices promoting employee involvement in the firms (i.e. representation through works councils, board of directors, etc.) and employee financial participation (e.g. direct employee ownership, profit sharing, broad-based share ownership schemes, etc.) produce significant economic benefits.

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