Contracting Employee Involvement: An Analysis of Bargaining Over Employee Involvement Rules for a Societas Europaea
42 Pages Posted: 4 Jan 2012 Last revised: 30 Jan 2012
Date Written: January 4, 2012
Following a slow start, the European Company (Societas Europaea – SE) has become a popular legal form amongst European firms. It is rendered attractive by corporate governance features such as the contractual freedom of capital and labor to design a firm-specific employee involvement regime. By analyzing what has been settled for in such agreements, we investigate whether national mandatory employee involvement rules are efficient and which factors impede firm-specific bargained-for solutions.
Keywords: European Company, Societas Europaea, employee involvement, contractual negotiations, contract governance
JEL Classification: J5, D23, K31
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