Contracting Employee Involvement: An Analysis of Bargaining over Employee Involvement Rules for a Societas Europaea
Abstract
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.
© Horst Eidenmüller, Lars Hornuf, Markus Reps, 2012
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