‘Mitbestimmung’ in the German Corporate Governance System

Stefan Schmid

Chapter 70 in Handbook of Top Management Teams, 2010, pp 601-609 from Palgrave Macmillan

Abstract: Abstract Corporate governance systems differ in the extent to which they grant participation and co-determination rights to employees. Germany has a very sophisticated system of employee participation and co-determination. This contribution outlines how ‘Mitbestimmung’ affects the corporate governance of German firms. The advantages and disadvantages of participation and co-determination as well as future developments are discussed.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30533-5_71

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DOI: 10.1057/9780230305335_71

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