Employee Participation in Multinational Corporations: Corporate Governance and the Role of Works Councils

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

What is the role of Dutch (central) works councils in light of the corporate governance regime applicable to multinational corporations (MNCs) in the Netherlands? And how are rules regarding the involvement of Dutch works councils in MNCs on corporate governance aspects applied in practice? This article discusses the position of Dutch (central) works councils in both Dutch and foreign MNCs and their involvement in the appointment of supervisory board members under the so-called structure regime based on empirical data collected in 2014-2016. The article also studies the issue of potential undue influence in the composition of the supervisory board in the case of the application of a (mitigated) structure regime.
Original languageEnglish
Pages (from-to)134-141
Number of pages8
JournalTijdschrift voor vennootschapsrecht, rechtspersonenrecht en ondernemingsbestuur
Volume14
Issue number4
Publication statusPublished - Aug 2017

Keywords

  • Employee participation
  • Corporate governance
  • Structure regime
  • Dutch Corporate Governance Code 2016

Cite this

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abstract = "What is the role of Dutch (central) works councils in light of the corporate governance regime applicable to multinational corporations (MNCs) in the Netherlands? And how are rules regarding the involvement of Dutch works councils in MNCs on corporate governance aspects applied in practice? This article discusses the position of Dutch (central) works councils in both Dutch and foreign MNCs and their involvement in the appointment of supervisory board members under the so-called structure regime based on empirical data collected in 2014-2016. The article also studies the issue of potential undue influence in the composition of the supervisory board in the case of the application of a (mitigated) structure regime.",
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