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    Employee roles in governance: contrasting the UK and German experience

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    Authors
    Lewis, Timothy J.
    Machold, Silke cc
    Oxtoby, David
    Ahmed, Pervaiz K.
    Issue Date
    2004
    
    Metadata
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    Abstract
    The paper examines the role of employees in governance. The paper highlights from a theory basis that employee and shareholder utilities can be coincident. However, it shows that corporate practice with respect to employee involvement in governance and decision-making is diverse. The paper draws out the contrast in approaches between the Anglo-American and the German approach to employees by detailing differences in employee power, career patterns, ownership patterns and legal obligations. These lead to enactment of a different structural and cultural governance systems; which are encapsulated in the unitary board structure of the UK and the two-tier German approach. The strengths and limitations of the unitary board and two-tier boards are highlighted, and the case for convergence examined.
    Citation
    Corporate Governance: International Journal of Business in Society, 4(4): 16-28
    Publisher
    Emerald
    Journal
    Corporate Governance: International Journal of Business in Society
    URI
    http://hdl.handle.net/2436/26813
    DOI
    10.1108/1472700410558853
    Additional Links
    http://www.ingentaconnect.com/content/mcb/268;jsessionid=fdaf1pc19csm9.alice
    Type
    Journal article
    Language
    en
    ISSN
    1472-0701
    ae974a485f413a2113503eed53cd6c53
    10.1108/1472700410558853
    Scopus Count
    Collections
    Faculty of Social Sciences

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