A Note on Labour and Corporate Governance in the United Kingdom

Comparative Corporate Governance: The State of the Art and Emerging Research, Ed. Klaus J. Hopt, Hideki Kanda, Mark J. Roe, Eddy Wymeersch, and Stefan Prigge, Clarendon Press, Oxford 1998

Posted: 7 Apr 1999

See all articles by Paul L. Davies

Paul L. Davies

University of Oxford- Faculty of Law; European Corporate Governance Institute (ECGI)

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Abstract

This note explains the historical reasons for the minimalist development of a legal structure for enterprise governance in the United Kingdom in which representatives of employees were significantly involved. It analyses the strains which have been placed on this traditional structure of 'collective laissez-faire' in the UK over the past fifty years; and assesses the strengths of the incentives currently operating in British industrial relations towards the elaboration of a statutory structure of employee involvement.

JEL Classification: G31, G32, G34

Suggested Citation

Davies, Paul L., A Note on Labour and Corporate Governance in the United Kingdom. Comparative Corporate Governance: The State of the Art and Emerging Research, Ed. Klaus J. Hopt, Hideki Kanda, Mark J. Roe, Eddy Wymeersch, and Stefan Prigge, Clarendon Press, Oxford 1998. Available at SSRN: https://ssrn.com/abstract=159577

Paul L. Davies (Contact Author)

University of Oxford- Faculty of Law ( email )

Harris Manchester College
Oxford, OX1 3TD
United Kingdom

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

HOME PAGE: http://www.ecgi.org

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