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Corporate & Securities Law

: BusinessAssociationsBlog.com

Employee Board Representation

By Stephen Bainbridge

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In my article, Privately Ordered Participatory Management: An Organizational Failures Analysis, I argued that codetermination and similar governance systems that entail employee representation on the board are less effective than the Anglo-American model of shareholder capitalism. I argued that: In Kenneth Arrow’s terminology, the board of directors serves as a consensus-based decisionmaking...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on February 17, 2008 (boomark / email).

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