Hardback : £64.30
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.
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.
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 is Professor of Management at King's College London,
a Research Associate of the Centre for Economic Performance, London
School of Economics, and a Fellow of the Said Business School,
University of Oxford.
Andrew Pendleton is Professor of Human Resource Management,
University of York.
`Review 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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