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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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2009. (Working paper series in economics; No. 136).
Research output: Working paper › Working papers
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RIS
TY - UNPB
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
N1 - Literaturverz. S. 18 - 20. - Parallel als Online-Ausg. erschienen unter der Adresse http://www.uni-lueneburg.de/fb2/vwl/papers/wp_136_Upload.pdf
PY - 2009
Y1 - 2009
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 codetermination 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 codetermination 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
KW - one-third co-determination
KW - firm performance
KW - Germany
M3 - Working papers
T3 - Working paper series in economics
BT - One-third codetermination at company supervisory boards and firm performance in German manufacturing industries
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -