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Codetermination in Sweden: Myth and Reality
Survey studies from 1998, 1996, and 1984 suggest that Swedish codetermination has been well received by managers and labor representatives alike.
2000
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insights
Only 5% of Swedish corporate directors reported codetermination had a negative impact on company activities.
The larger the company, the more likely the directors indicated positive views of codetermination.
61% of Swedish corporate directors reported positive experiences with employee board representation.
2/3rds of managing directors reported that union participation 'makes it easier to carry out decisions on shutting down a company, going into liquidation, or reducing the workforce.'
Survey results of Swedish directors lend strong support to cooperative game theory, emphasizing the value of employee participation.
86% of Swedish managing directors did not believe that 'union participation contributes to conflict and slowing down of company operations.'
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authors
Klas Levinson
reports
Codetermination
tags
Stability
Corporate Governance
Economic Democracy
Decision-Making
Efficiency
Growth
Information Flow
Innovation
Industrial Relations
Public Opinion
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