CAPITAL, LABOR, AND THE FIRM: A STUDY OF GERMAN CODETERMINATION
By Gary B. Gorton, F. Schmid. 2004
281 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/11b2273350bfe7cbc249d4330563a0c410703a17
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In Accounting
- Ruth V. Aguilera
- Gregory Jackson
- W. Megginson
- Timothée Waxin
- Edith Ginglinger
- C. Jones
- Yama Temouri
- Igor Filatotchev
In Finance
Citations in the corpus
- The Link Between Job Satisfaction and Firm Value, With Implications for Corporate Social Responsibility (2012, unknown): “Dhrymes (1998) found no relationship with KLD’s employee relations variable, and Gorton and Schmid (2004) showed that greater employee involvement reduces firm value.”
- Stakeholder Capitalism, Corporate Governance and Firm Value (2009, unknown): “firm value rather than decrease it finds some support in Gorton and Schmid (2004) and”
- Is Busy Really Busy? Board Governance Revisited (2013, unknown): “7 See the German Stock Corporation Act (AktG) for a comprehensive description of the rights and duties of the supervisory board.”
- Capital Structure as a Strategic Variable: Evidence from Collective Bargaining (2010, unknown): “Grout (1984) and Baldwin (1983) adopt similar approaches in modeling investment.”
- The determinants of tax haven FDI (2016, background): “This rests on the notion that the suppliers of equity capital and the suppliers of labour manage the firm cooperatively (Gorton & Schmid, 2004).”
- Does Good Corporate Governance Include Employee Representation? Evidence from German Corporate Boards (2006, unknown): “This result contrasts with that of Gorton and Schmid (2004).”
- Comparative and International Corporate Governance (2010, background): “Despite contrary econometric results (Gorton & Schmid, 2004) and welldocumented methodological problems in defining a control group or measure of codetermination in Germany (Höpner & Müllenborn, 2010), no systematic evidence exists to suggest that strong employee voice at the board level has a…”
- Employee Ownership, Board Representation, and Corporate Financial Policies (2011, background): “Gorton and Schmid (2004) examine German companies with equal representation by employees and shareholders, and find that these companies trade at a 31% market discount compared to companies where employee representatives fill only one-third of the supervisory board seats.”