One-third Codetermination at Company Supervisory Boards and Firm Performance in German Manufacturing Industries: First Direct Evidence from a New Type of Enterprise Data

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Authors

This paper contributes to the empirical literature on the co-determination – firm performance nexus by using a new type of data that combines information on the co-determination status of enterprises from a commercial data base and supplementary information collected from the firms with comprehensive data on the firms from official statistics. The data allow for the first time a direct comparison of enterprises from the same size class with and without co-determination at the supervisory board level. It is shown that one-third codetermination at the supervisory board level in limited-liability companies from West German manufacturing industries seems to be neither positively nor negatively related to two core firm performance indicators, productivity and profitability.
Original languageEnglish
JournalJournal of Contextual Economics (JCE) - Schmollers Jahrbuch
Volume131
Issue number1
Pages (from-to)91-106
Number of pages16
ISSN0342-1783
DOIs
Publication statusPublished - 2011

DOI

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