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Corporate Governance and Labour Management

Corporate Governance and Labour Management An International Comparison

  • Author:
  • Publisher: Oxford University Press
  • ISBN: 9780199299232
  • Published In: April 2006
  • Format: Paperback , 402 pages
  • Jurisdiction: Australia, France, Germany, International, Italy, Japan, Netherlands, Spain, U.K., U.S. ? Disclaimer:
    Countri(es) stated herein are used as reference only
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  • Description 
  • Contents 
  • Author 
  • Reviews

Details

  • Comparative study of the relationship between corporate governance and labour management in eight countries, including the US, UK, and Japan
  • Identifies causal relationships between finance, corporate governance, and labour management
  • Chapters also serve as succinct outlines of the evolution and characteristics of corporate governance systems in each country
  • Contributions from world-class scholars

This book is about the relationship between corporate governance regimes and labour management. It examines how finance and governance influence employment relationships, work organization, and industrial relations by means of a comparative analysis of Anglo-American, European, and Japanese economies. 

The starting point is the distinction widely found in the corporate governance, business systems, and political economy literature between countries dominated by 'shareholder value' conceptions of corporate governance and those characterized by 'stakeholder' regimes. By drawing on a wide range of countries, the book is able to demonstrate the complexities of corporate governance arrangements and to present a more precise and nuanced exploration of the linkages between governance and labour management. 

Each country-based chapter provides an analysis of the evolution and key characteristics of corporate governance and then links this to labour management institutions and practices. The chapters cover the United States, United Kingdom, Japan, Australia, France, Germany, Italy, Netherlands, and Spain, with each written by a leading academic expert in the field. By providing a historical review of the evolution of national systems, the contributors provide judicious evaluations of the current state and future direction of national governance and labour relations systems. 

Overall, the book goes beyond the 'complementarities' between governance and labour management systems identified in recent literature, and attempts to identify causal relationships between the two. It shows how labour management institutions and practices may influence finance and corporate governance systems, as well as vice versa. The contributions to this book illuminate current debates about the determinants of corporate governance, the convergence of national 'varieties of capitalism', and the impact of corporate governance on managerial behaviour. The book highlights the complexities of corporate governance systems and refines the distinction between market/outsider and relational/insider systems.

Readership: Researchers, academics, and advanced students of Management Studies, Industrial and Labour Relations, Organization Studies, Industrial Economics, Politics, and Sociology.

Wolfgang Streeck: Preface
1: Howard Gospel and Andrew Pendleton: Corporate Governance and Labour Management: An International Comparison
2: Sanford Jacoby: Corporate Governance and Employees in the United States
3: Andrew Pendleton and Howard Gospel: Markets and Relationships: Finance, Governance, and Labour in the United Kingdom
4: Gregory Jackson, Martin Höpner, and Antje Kudelbusch: Corporate Governance and Employees in Germany: Changing Linkages, Complementarities, and Tensions
5: Bernd Frick and Erik Lehmann: Corporate Governance in Germany: Ownership, Codetermination, and Firm Performance in a Stakeholder Economy
6: Erik Poutsma and Geert Braam: Corporate Governance and Labour Management in the Netherlands: Getting the Best of Both Worlds?
7: Michel Goyer and Robert Hancke: Labour in French Corporate Governance: The Missing Link
8: Ruth Aguilera: Corporate Governance and Employment Relations: Spain in the Context of Western Europe
9: Sandro Trento: Corporate Governance and Industrial Relations in Italy
10: Takashi Araki: Corporate Governance, Labour, and Employment Relations in Japan: The Future of the Stakeholder Model?
11: Gregory Jackson: Towards a Comparative Perspective on Corporate Governance and Labour Management: Enterprise Coalitions and National Trajectories

Howard Gospel, Professor of Management, Management Centre, King's College London, and Andrew Pendleton, Professor of Human Resource Management, University of York

Contributors: 
Ruth Aguilera, Assistant Professor in the Department of Business Administration and Institute of Labor and Industrial Relations at the University of Illinois at Urbana-Champaign,
Takashi Araki, Professor of Law at the University of Tokyo,
Geert Braam, Associate Professor of Accounting in the Nijmegen School of Management in the University of Nijmegen,
Bernd Frick, Professor of Personnel and Organizational Economics at the University of Witten-Herdecke,
Howard Gospel, Professor of Management at King's College London, 
Michel Goyer, Assistant Professor in Management at Birkbeck College, London,
Robert Hancké, Senior Lecturer in International Management at the London School of Economics,
Martin Höpner, Research Scientist at the Max-Planck-Institute for the Study of Societies in Cologne,
Gregory Jackson, Senior Lecturer in Strategy in the Management Centre at King's College, London,
Sanford Jacoby, Howard Noble Professor of Management, History, and Policy Studies at the Anderson School, University College of Los Angeles,
Antje Kurdelbusch, DaimlerChrysler,
Erik Lehmann, Assistant Professor in the Department of Business Administration and Economics at the University of Constance,
Andrew Pendleton, Professor of Human Resource Management at the University of York,
Erik Poutsma, Associate Professor in Labour Relations in the Nijmegen School of Management, Department Strategic Personnel Management,
Wolfgang Streeck, Professor of Sociology at the University of Cologne and Director of the Max Planck Institute for the Study of Societies,
Sandro Trento, Deputy-Director in the Economic Research Department of the Bank of Italy.

Review(s) from previous edition

"This book provides a wonderful comparative literature review and, as such, would be of great use in graduate seminars on the topic of worldwide governance practices... Overall, this is an excellent comprehensive text that draws together a tremendous amount of information and observation about world governance, and offers great insights into current world governance practices. The book should be of interest to any scholar interested in international governance and how governance systems worldwide are evolving. - Corporate Governance: An International Review

"A very timely book... an important contribution. " - British Journal of Industrial Relations

"An excellent source for anyone who wants a better understanding of the rich complexities of governance and labour management... " - Human Resource Management Journal

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