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Dilger, A. Payment Schemes, Returns and Works Councils. Journal of Contextual Economics – Schmollers Jahrbuch, 123(3), 383-395. https://doi.org/10.3790/schm.123.3.383
Dilger, Alexander "Payment Schemes, Returns and Works Councils" Journal of Contextual Economics – Schmollers Jahrbuch 123.3, 2003, 383-395. https://doi.org/10.3790/schm.123.3.383
Dilger, Alexander (2003): Payment Schemes, Returns and Works Councils, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 123, iss. 3, 383-395, [online] https://doi.org/10.3790/schm.123.3.383

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Payment Schemes, Returns and Works Councils

Dilger, Alexander

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 123 (2003), Iss. 3 : pp. 383–395

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Article Details

Dilger, Alexander

Abstract

The interdependences of payment schemes, retums and the existence of a works council are analysed by using data collected on German firms in the sector of mechanical engineering. There is no connection between payment schemes and retums, whereas a works council has a negative effect on a firm's retums as has been found in former studies. Although a strong correlation between the use of different payment schemes and works councils exists, this is only due to firm size. Finally, a first model of the determinants of newly-founded works councils is estimated, validating the former results and suggesting a new direction for further research.