author

Jörg Heining

Government of the Federal Republic of Germany - Institute for Employment Research (IAB)

German codetermination improved labor productivity (value-added per employee) by 16 - 21%. Impending one-third codetermination did not deter German incorporations of firms that would be impacted by the mandate. 1994 German codetermination sharply raised female board representation by 43%. Codetermined firms have 40 - 50% larger fixed (long-term) capital stocks. German codetermination had no effect raising the lowest wages. Codetermination did not lower German profits.
Labor In the Boardroom
Codetermination
Loading...