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E Chell, ‘Worker Directors on the Board: Four Case Studies’ (1980) 2(6) Employee Relations 1; PL Davies and KW Wedderburn, ‘The Land of Industrial Democracy’ (1977) 6(1) ILJ 197; E McGaughey, 'The Codetermination Bargains: The History of German Corporate and Labour Law' (2016) 23(1) Columbia Journal of European Law 135
Codetermination in Germany is a concept that involves the right of workers to participate in management of the companies they work for. [1] Known as Mitbestimmung, the modern law on codetermination is found principally in the Mitbestimmungsgesetz of 1976. The law allows workers to elect representatives (usually trade union representatives) for ...
From 1922 to 1933, and again from 1951 Germany had had board level codetermination laws, inspired by collective agreements between worker unions and management. [1] The 1919 Weimar Constitution said that, “Workers and employees shall be called upon to cooperate in common with employers, and on an equal footing, in the regulation of salaries and working conditions, as well as in the entire ...
The Draft Fifth Company Law Directive (1972–2001) was a European Union proposed directive for a right of co-determination in large companies, i.e. for employees to vote for boards of directors. The draft went through several major revisions, but was never agreed by enough member states and was formally withdrawn in 2001.
Typically this will mean that staff director is nominated by the unions, though no formal procedure is prescribed. In companies with over 2000 employees, the supervisory board ("Aufsichtsrat") is composed of half shareholder appointees (Aktiengesetz §§102 and 119) who can only remove the supervisory board members on a 75% vote (AktG §§102-103).
Center for Interfaith Relations Board of Directors meeting. A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's ...
A handful of other board directors were also singled out by advisors, and consumer advocate Ralph Nader, whose grandniece died in the second Boeing 737 Max 8 crash, called for the whole board to ...
Erzberger argued the ‘supervisory board should have been composed only of members designated by the company’s shareholders.’ [1] Erzberger argued the Codetermination Act 1976 violated EU law by not enabling non-German workers to vote, on the theory that people would be deterred from moving from one member state to another within a country ...