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  2. Worker representation on corporate boards of directors

    en.wikipedia.org/wiki/Worker_representation_on...

    Half the supervisory board in state-owned companies. Slovenia: 1991 Constitution art 75, and 1993 law. 50% - 33.3%: 50: Between a third and a half of seats in companies with supervisory board plus management board member if more than 500 employees; around a third in companies with single tier board Spain: Law 41/1962, repealed 1980: 0%: N/A

  3. Mitbestimmungsgesetz - Wikipedia

    en.wikipedia.org/wiki/Mitbestimmungsgesetz

    Employees and national unions have equal representation on the supervisory board with the stockholders, but the board’s chairman must be a stockholder who has a tie-breaking vote. [ 5 ] The principle is to have almost equal representation between employee representatives and shareholder representatives on the supervisory board ( Aufsichtsrat ).

  4. Report of the committee of inquiry on industrial democracy

    en.wikipedia.org/wiki/Report_of_the_committee_of...

    A company wide codetermination referendum would be held in firms with over 2000 employees, with the entire workforce voting. After approval, only union members would be able to vote for candidates to the supervisory board. Shareholders and unions would appoint x representatives each.

  5. Codetermination in Germany - Wikipedia

    en.wikipedia.org/wiki/Codetermination_in_Germany

    It applies to public and private companies, so long as there are over 2,000 employees. For companies with 500–2,000 employees, one third of the supervisory board must be elected. There is also legislation in Germany, known as the Betriebsverfassungsgesetz whereby workers are entitled to form Works Councils at the local shop floor level.

  6. Supervisory board - Wikipedia

    en.wikipedia.org/wiki/Supervisory_board

    The board of supervisors or supervisor of a company with no board of supervisors may exercise the following authorities: (1) checking the financial affairs of the company; (2) supervising the duty-related acts of the directors and senior managers, and bringing forward proposals on the removal of any director or senior manager who violates any ...

  7. Corporate governance - Wikipedia

    en.wikipedia.org/wiki/Corporate_governance

    When employee representation on the board is mandated, mechanisms should be developed to facilitate access to information and training for employee representatives, so that this representation is exercised effectively and best contributes to the enhancement of board skills, information and independence.

  8. Board of directors - Wikipedia

    en.wikipedia.org/wiki/Board_of_directors

    Board structures and procedures vary both within and among OECD countries. Some countries have two-tier boards that separate the supervisory function and the management function into different bodies. Such systems typically have a "supervisory board" composed of nonexecutive board members and a "management board" composed entirely of executives.

  9. Labour law - Wikipedia

    en.wikipedia.org/wiki/Labour_law

    However, German company law uses a split board system, in which a "supervisory board" appoints an "executive board". Under the Mitbestimmungsgesetz 1976, shareholders and employees elect the supervisory board in equal numbers, but the head of the supervisory board with a casting vote is a shareholder representative. The first statutes to ...