One-third Codetermination at Company Supervisory Boards and Firm Performance in German Manufacturing Industries: First Direct Evidence from a New Type of Enterprise Data
Research output: Journal contributions › Journal articles › Research › peer-review
Standard
In: Journal of Contextual Economics (JCE) - Schmollers Jahrbuch, Vol. 131, No. 1, 2011, p. 91-106.
Research output: Journal contributions › Journal articles › Research › peer-review
Harvard
APA
Vancouver
Bibtex
}
RIS
TY - JOUR
T1 - One-third Codetermination at Company Supervisory Boards and Firm Performance in German Manufacturing Industries
T2 - First Direct Evidence from a New Type of Enterprise Data
AU - Wagner, Joachim
PY - 2011
Y1 - 2011
N2 - 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.
AB - 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.
KW - Economics, empirical/statistics
KW - Economics
U2 - 10.3790/schm.131.1.91
DO - 10.3790/schm.131.1.91
M3 - Journal articles
VL - 131
SP - 91
EP - 106
JO - Journal of Contextual Economics (JCE) - Schmollers Jahrbuch
JF - Journal of Contextual Economics (JCE) - Schmollers Jahrbuch
SN - 0342-1783
IS - 1
ER -