Die betriebliche Mitbestimmung in Deutschland – eine richtige Reform in die falsche Richtung

Berthold Norbert and Stettes Oliver

ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, 2001, vol. 52, issue 1, 15-36

Abstract: Besides the system of collective bargaining the German Works Constitution Act is one peculiarity of German labour relations. A legal framework of co-determination can cure market failure caused by information asymmetries, free-riding and opportunistic behaviour. Employees are more willing to invest in specific human capital and to cooperate with the management in order to generate quasi-rents. In recent years works councils have been challenged by structural change and reorganization of work. But by enhancing the legal rights of works councils the German government failed in adapting the Works Constitution Act to new economic conditions. Voluntary agreements between employers and employees both formally and informally settled on have replaced legal works councils in governing labour relations. The paper shows that the New Works Constitution Act will not result in efficiency gains but will protect rents for insiders.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/ordo-2001-0104 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:ordojb:v:52:y:2001:i:1:p:15-36:n:4

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ordo/html

DOI: 10.1515/ordo-2001-0104

Access Statistics for this article

ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft is currently edited by Christian Müller

More articles in ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft from De Gruyter
Bibliographic data for series maintained by Peter Golla ().