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Codetermination In Germany
Codetermination in Germany is a concept that involves the right of workers to participate in management of the companies they work for. Known as '' Mitbestimmung'', the modern law on codetermination is found principally in the '' Mitbestimmungsgesetz'' of 1976. The law allows workers to elect representatives (usually trade union representatives) for almost half of the supervisory board of directors. The legislation is separate from the main German company law Act for public companies, the ''Aktiengesetz''. 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. Goals of codetermination Views differ on the goals of codetermination in general. Some social reformers maintain that workers are not mere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitbestimmung
In corporate governance, codetermination (also "copartnership" or "worker participation") is a practice where workers of an enterprise have the right to vote for representatives on the board of directors in a company. It also refers to staff having binding rights in work councils on issues in their workplace. The first laws requiring worker voting rights include the Oxford University Act 1854 and the Port of London Act 1908 in the United Kingdom, the Act on Manufacturing Companies of 1919 in Massachusetts in the United States (although the act's provisions were completely voluntary), and the Supervisory Board Act 1922 (''Aufsichtsratgesetz 1922'') in Germany, which codified collective agreement from 1918. Most countries with codetermination laws have single-tier board of directors in their corporate law (such as Sweden, France or the Netherlands), while a number in central Europe (particularly Germany and Austria) have two-tier boards. The threshold of a company's size where co-d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt Parliament
The Frankfurt Parliament (german: Frankfurter Nationalversammlung, literally ''Frankfurt National Assembly'') was the first freely elected parliament for all German states, including the German-populated areas of Austria-Hungary, elected on 1 May 1848 (see German federal election, 1848). The session was held from 18 May 1848 to 31 May 1849, in the Paulskirche at Frankfurt am Main. Its existence was both part of and the result of the "March Revolution" within the states of the German Confederation. After long and controversial debates, the assembly produced the so-called Frankfurt Constitution (''Paulskirchenverfassung'' or St. Paul's Church Constitution, officially the ''Verfassung des Deutschen Reiches'') which proclaimed a German Empire based on the principles of parliamentary democracy. This constitution fulfilled the main demands of the liberal and nationalist movements of the Vormärz and provided a foundation of basic rights, both of which stood in opposition to Metterni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Worker Representation On Corporate Boards Of Directors
Worker representation on corporate boards of directors, also known as board-level employee representation (BLER) refers to the right of workers to vote for representatives on a board of directors in corporate law. In 2018, a majority of Organisation for Economic Co-operation and Development, and a majority of countries in the European Union, had some form of law guaranteeing the right of workers to vote for board representation. Together with a right to elect work councils, this is often called "codetermination". Overview The following is a list of 35 countries in the Organisation for Economic Co-operation and Development and their practices of worker representation on corporate boards of directors. History Some of the first codetermination laws emerged in universities in the UK during the 19th century, such as the Oxford University Act 1854 and the Cambridge University Act 1856. Further Acts included the South Metropolitan Gas Act 1896 and the Port of London Act 1908. In Germa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-determination
In corporate governance, codetermination (also "copartnership" or "worker participation") is a practice where workers of an enterprise have the right to vote for representatives on the board of directors in a company. It also refers to staff having binding rights in work councils on issues in their workplace. The first laws requiring worker voting rights include the Oxford University Act 1854 and the Port of London Act 1908 in the United Kingdom, the Act on Manufacturing Companies of 1919 in Massachusetts in the United States (although the act's provisions were completely voluntary), and the Supervisory Board Act 1922 (''Aufsichtsratgesetz 1922'') in Germany, which codified collective agreement from 1918. Most countries with codetermination laws have single-tier board of directors in their corporate law (such as Sweden, France or the Netherlands), while a number in central Europe (particularly Germany and Austria) have two-tier boards. The threshold of a company's size where co-d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Unions In Germany
Trade unions in Germany have a history reaching back to the German revolution in 1848, and still play an important role in the German economy and society. The most important labor organization is the German Confederation of Trade Unions (', or ''DGB''), which is the umbrella association of eight single trade unions for individual economic sectors, representing more than 6 million people . The largest single trade union is the IG Metall, which organizes about 2.3 million members in metal (including automobile and machine building), electronics, steel, textile, wood and synthetics industries. In 2022, half of all German workers were covered by collective bargaining agreements. In Germany, unions and employer associations bargain at the industry-region level. These large-scale agreements have broad coverage and lead to considerable standardization in wages and employment conditions across the country. Some bargaining occurs at the firm level. Current Situation The German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mannesmann
Mannesmann was a German industrial conglomerate. It was originally established as a manufacturer of steel pipes in 1890 under the name "Deutsch-Österreichische Mannesmannröhren-Werke AG". (Loosely translated: "German-Austrian Mannesmann pipe mills AG"). In the twentieth century, Mannesmann's product range grew and the company expanded into numerous sectors; starting from various steel products and trading to mechanical and electrical engineering, automotive and telecommunications. From 1955, the conglomerate's management holding with headquarters in Düsseldorf was named Mannesmann AG. The particular success of the corporate activities in the area of telecommunications that started in 1990 was the predominant reason for the takeover of Mannesmann by the British telecommunications company Vodafone in 2000, still one of the largest-ever company takeovers worldwide. Back then, the Mannesmann Group had 130,860 employees worldwide and revenues of €23.27 billion. The name Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supervisory Board
In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors. In civil service, a supervisory board or regulatory board is often a legislatively independent body with authority over other non-governmental boards (i.e. boards embedded within and run by industry bodies), such as found in some systems of regulated marketing, especially in the agricultural sector. The scope of supervision is to supervise other supervisory bodies. Industry boards are typically oriented toward their own stakeholders, while the second-instance supervision takes a broader view of all stakeholders, including the public interest. Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system (like the U.S.) and there are others that have a two-tier board sys ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Control Council
The Allied Control Council or Allied Control Authority (german: Alliierter Kontrollrat) and also referred to as the Four Powers (), was the governing body of the Allied Occupation Zones in Germany and Allied-occupied Austria after the end of World War II. Its members were the Soviet Union, the United Kingdom, the United States and France. The organisation was based in Berlin-Schöneberg. The council was convened to determine several plans for postwar Europe, including how to change borders and transfer populations in Eastern Europe and Germany. As the four Allied Powers had joined themselves into a condominium asserting supreme power in Germany, the Allied Control Council was constituted the sole legal sovereign authority for Germany as a whole, replacing the extinct civil government of Nazi Germany. Creation Allied preparations for the postwar occupation of Germany began during the second half of 1944, after Allied forces began entering Germany in September 1944. Most of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auxiliary Services Act (1916)
The Auxiliary Services Act (german: Gesetz über den vaterländischen Hilfsdienst) was a law of the German Empire introduced during the First World War on 6 December 1916 to facilitate the Hindenburg Programme, an attempt by the military to mobilize scarce resources, including manpower, more efficiently for the war effort. Under the terms of the act, every German male from the age of seventeen to sixty, unless he had been called up for service in the armed forces, was obligated to render national service during the war (§ 1). The types of workers considered to be in the national auxiliary service included those employed by public authorities, official agencies, war industries, agriculture and forestry, nursing, war-related organizations of any kind, or "in other occupations and trades that are directly or indirectly significant to waging war or economic regulation" (§ 2). The Law on the Patriotic Auxiliary Service marked a significant stage towards total war and, in the long run ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
