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Economic Effects of Codetermination
While these study found negative economic effects, the same studies contradict their findings in a series of future studies, finding a series of positive effects.
1993
Academic Paper
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Return on shareholder's equity declined between 1975 and 1983 for large German codetermined firms.
Total factor productivity declined from 1975 - 1983 in large German codetermined firms.
Overall productivity and profitability declined for German codetermined firms that went from 1/3 to 1/2 parity from 1975 - 1983.
authors
Kornelius Kraft
Felix FitzRoy
reports
Codetermination
tags
Profitability
Growth
Productivity
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