Works Councils: An Agency Perspective
This paper investigates the role of works councils in a simple agency framework in which works councils are supposed to monitor manager's information on behalf of the workforce, but they are independent agents who might pursue their private interest. First, we consider that workers can incentiv...
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| Format: | Article |
| Language: | English |
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Universidad del Rosario
2014-10-01
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| Series: | Revista de Economía del Rosario |
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| Online Access: | http://revistas.urosario.edu.co/index.php/economia/article/view/3337 |