scholarly journals Employee Participation in Corporate Governance: What Impact Does It Have on Performance and Cash Distribution Policy in the SBF 120 (2000-2014)?

2021 ◽  
pp. 85-107
Author(s):  
Cécile Cézanne ◽  
Xavier Hollandts
Keyword(s):  
Corporate Governance ◽  
Employee Participation

Company law and workers' interests

2005 ◽  
Vol 11 (2) ◽  
pp. 179-188 ◽  
Author(s):  
Robbert van het Kaar
Keyword(s):  
Corporate Governance ◽  
Employee Participation ◽  
Company Law ◽  
The Other ◽  
Current Debate ◽  
European Directives ◽  
European Company ◽  
Cross Border ◽  
The One ◽  
Takeover Bids

Developments in company law in many cases have a significant impact on the interests of employees and their representatives. This article gives an overview of the implications of the 14 European directives and draft directives in this area. It also takes a closer look at the 13th Directive on public takeover bids, and goes on to examine developments in the field of corporate governance. What is the place for the workers in the current debate and the various codes of behaviour that have come into being? From the employee viewpoint the developments appear to be ambiguous. On the one hand, there are signs that employees are no longer regarded as serious stakeholders in the company. On the other, the 13th Directive, the proposed Tenth Directive on cross-border mergers, the SE (European Company) Directive on employee participation and other instruments make clear provision for participation by employee representatives.

scholarly journals Board Effectiveness and Employee Engagement: Nigeria Stakeholder Perceptions

2013 ◽  
Vol 7 (1) ◽  
pp. 55 ◽  
Author(s):  
Bashir Mande
Keyword(s):  
Corporate Governance ◽  
Employee Engagement ◽  
Structural Equation ◽  
Theoretical Perspective ◽  
Employee Participation ◽  
Governance Structure ◽  
Equation Modeling ◽  
Labor Turnover ◽  
Stakeholder Perspective ◽  
Board Performance

The objective of this study is to determine whether employee participation yields effective board performance. To stimulatedebates inthe stakeholder theoretical perspective in an attempt to offer more inclusive approach to strengthen the existing governance structure in Nigeria.This research intends to investigate the suitability of employees participating in board’s decision-making hierarchy because of their contractual importance as wealth creators of the firm. A conceptual model is proposed and tested on public listed companies in Nigeria based on survey perception of sampled 154 respondents. The study employs in-depth confirmatory factory analysis in a structural equation modeling approach. Building upon constructs such as union relations, productivity, and skilled-labor turnover, the study found the indicator variables measure employee participation, which focused more on the board’s control, operational decisions, and strategy in monitoring, service, and networking roles. Hence, we conclude that employees as important contractual company stakeholders affect board performance. Builds on the limited research agenda for boards and corporate governance that focus on coordinating, exploring and distribution of stakes using adventurous research designs and statistical tools, especially in Nigerian emerging economy. This paper exposes the firm’s potentials as provider of sustainable and longer-term benefits not only limited to equityholders, but also to employees as wealth creators, which will improve mutual trust, harmony and confidence for more stable and productive outputs that could give visibility to income inequality. The paper provides valid measures that link corporate governance debates to broader stakeholder perspective.

International and Comparative Perspectives on Employee Participation

2010 ◽  
Author(s):  
Nick Wailes ◽  
Russell D. Lansbury
Keyword(s):  
Corporate Governance ◽  
United Kingdom ◽  
Social Action ◽  
Employee Participation ◽  
Varieties Of Capitalism ◽  
The United Kingdom ◽  
Recent Developments ◽  
Comparative Corporate Governance

This article seeks to modify and extend the Varieties of Capitalism (VofC) approach in a way that makes it possible for it to account for both within country diversity and the role which international factors play in shaping national patterns of participation. It does so by drawing on recent debates about the VofC approach in general and comparative corporate governance in particular. Both these literatures suggest the need for VofC analysis to adopt a less deterministic view of the role that institutions play in shaping social action, to focus more on the role of agency and interests, and to suggest the need to explore the interconnections between countries in more detail. The article uses this modified VofC framework to examine the extent to which it can help explain recent developments in two countries: the United Kingdom and Germany. It concludes by outlining suggestions for further research.

Employee Voice in Corporate Governance: A Defense of Strong Participation Rights

2001 ◽  
Vol 11 (1) ◽  
pp. 195-213 ◽  
Author(s):  
John J. McCall
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Property Rights ◽  
Employee Participation ◽  
Employee Voice ◽  
Corporate Decisions ◽  
Participation Rights ◽  
Corporate Property Rights

Abstract:This article surveys arguments for the claim that employees have a right to strong forms of decision-making participation. It considers objections to employee participation based on shareholders’ property rights and it claims that those objections are flawed. In particular, it argues the employee participation rights are grounded on the same values as are property rights. The article suggests that the conflict between these two competing rights claims is best resolved by limiting the scope of corporate property rights and by recognizing a strong employee right to co-determine corporate decisions.

scholarly journals Employee participation in corporate governance of Chinese companies: A comparative aspect

2021 ◽  
Vol 12 (3) ◽  
pp. 752-770
Author(s):  
Yang Tianfang ◽  
Keyword(s):  
Corporate Governance ◽  
Path Dependence ◽  
Employee Participation ◽  
The United States ◽  
Legal Regulation ◽  
Point Of View ◽  
Global Trends ◽  
Managerial Decisions ◽  
Comparative Aspect ◽  
The Difference

The development of the stakeholder theory is one of the global trends in corporate governance. This article examines the problems of employee participation in corporate governance in accordance with the current legislation of the PRC and assesses the rationality of the chosen path of employee participation in corporate governance in China by conducting a comparative analysis with Germany and the United States. The author believes that due to the difference in historical origin and legislative basis, as well as taking into account structure-driven path dependence and rule-driven path dependence effects, from the point of view of legal regulation, a unique model of employee participation in corporate governance has formed in China. In addition, the mechanism of employee participation in corporate governance by the current legislation of China is generally suitable for the national conditions of China. In addition, the author makes suggestions for improving the mechanism of employee participation in corporate governance in China. Having studied the state of Russian legislation in comparison with China and other countries, the author suggests several issues that require special attention from the Russian legislator on this matter. It is noted that the study of the experience of legal regulation of employee participation in corporate governance in China will help in the development and amendment of further legislative provisions to regulate this issue in Russia, in order to advance towards better ideals of cooperation between workers and employers. Specifically, in the long term, the Russian legislator can also normatively secure employee participation in the development and adoption of managerial decisions in an appropriate form.

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