Works
- Capital, labor, and the firm: a study of German codetermination, Journal of the European Economic Association 2(5), 863 to 905, 2004
In Organizational Structures
Known for
German codetermination, with Gary Gorton.
Ideas
Codetermination and firm performance. With Gorton, compared German firms with equal employee and shareholder representation on the supervisory board against firms where employees fill one-third of the seats. Caveat: Compares parity firms with one-third representation firms; the finding is given under Gorton, and board matters belong to Governance & Risk.