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Worker representation on corporate boards of directors

Index 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. [1]

Table of Contents

  1. 85 relations: Bill Wedderburn, Baron Wedderburn of Charlton, Board of directors, Board of Trade, British Railways Board, British Steel (1967–1999), Cambridge University Act 1856, Casting vote, Chair (officer), Chrysler, Codetermination in Germany, Collective agreement, Companies Act 1993, Conservative Party of Canada, Cooperative, Corporate law, Corporatism, Draft Fifth Company Law Directive, Employee stock ownership, Enron, Erin O'Toole, European Commission, European company law, European labour law, European Union, Financial Reporting Council, Frankfurt Parliament, French labour law, Gas Act 1948, German labour law, Germany, Hans Jürgen Teuteberg, Henry Valder, Indian labour law, Industrial Democracy, Iron and Steel Act 1967, John Prescott, Labour law, List of acts of the Parliament of the United Kingdom from 1896, Margaret Thatcher, Market failure, Market socialism, Massachusetts, Mitbestimmungsgesetz, National Health Service Act 2006, New Zealand Law Commission, OECD, Oxford University Act 1854, Paritarian institution, Polder model, Port of London Act 1908, ... Expand index (35 more) »

  2. Board of directors

Bill Wedderburn, Baron Wedderburn of Charlton

Kenneth William Wedderburn, Baron Wedderburn of Charlton, (13 April 1927 – 9 March 2012) was a British politician and member of the House of Lords, affiliated with the Labour Party.

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Board of directors

A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. Worker representation on corporate boards of directors and board of directors are corporate law.

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Board of Trade

The Board of Trade is a British government body concerned with commerce and industry, currently within the Department for Business and Trade.

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British Railways Board

The British Railways Board (BRB) was a nationalised industry in the United Kingdom that operated from 1963 to 2001.

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British Steel (1967–1999)

British Steel was a major British steel producer.

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Cambridge University Act 1856

The Cambridge University Act 1856 (19 & 20 Vict. c. 88) is an Act of Parliament of the United Kingdom, which regulates corporate governance at the University of Cambridge.

See Worker representation on corporate boards of directors and Cambridge University Act 1856

Casting vote

A casting vote is a vote that someone may exercise to resolve a tied vote in a deliberative body.

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Chair (officer)

The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly.

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Chrysler

FCA US, LLC, doing business as Stellantis North America and known historically as Chrysler, is one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan.

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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.

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Collective agreement

A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work.

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Companies Act 1993

The Companies Act is an Act of Parliament passed in New Zealand in 1993. Worker representation on corporate boards of directors and Companies Act 1993 are corporate law.

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Conservative Party of Canada

The Conservative Party of Canada (CPC; Parti conservateur du Canada, PCC), colloquially known as the Tories, is a federal political party in Canada.

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Cooperative

A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".

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Corporate law

Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses.

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Corporatism

Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together on and negotiate contracts or policy (collective bargaining) on the basis of their common interests.

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Draft Fifth Company Law Directive

The Draft Fifth Company Law Directive (1972–2001) was a European Union proposed directive for a right of co-determination in large companies, i.e. for employees to vote for boards of directors.

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Employee stock ownership

Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies).

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Enron

Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.

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Erin O'Toole

Erin Michael O'Toole (born January 22, 1973) is a former Canadian politician who served as the member of Parliament (MP) for Durham from 2012 to 2023.

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European Commission

The European Commission (EC) is the primary executive arm of the European Union (EU).

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European company law

European company law is the part of European Union law which concerns the formation, operation and insolvency of companies (or corporations) in the European Union.

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European labour law

European labour law regulates basic transnational standards of employment and partnership at work in the European Union and countries adhering to the European Convention on Human Rights.

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European Union

The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe.

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Financial Reporting Council

The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and Stewardship Codes.

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Frankfurt Parliament

The Frankfurt Parliament (Frankfurter Nationalversammlung, literally Frankfurt National Assembly) was the first freely elected parliament for all German states, including the German-populated areas of the Austrian Empire, elected on 1 May 1848 (see German federal election, 1848).

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French labour law

French labour law is the system of labour law operating in France.

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Gas Act 1948

The Gas Act 1948 (11 & 12 Geo. 6. c. 67) was an Act of the Parliament of the United Kingdom which nationalised, or bought into state control, the gas making and supply industry in Great Britain.

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German labour law

German labour law refers to the regulation of employment relationships and industrial partnerships in Germany.

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Germany

Germany, officially the Federal Republic of Germany (FRG), is a country in Central Europe.

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Hans Jürgen Teuteberg

Hans Jürgen Teuteberg (18 December 1929–14 February 2015) was a German historian, who worked as a professor of social and economic history at the University of Münster from 1974 to 1995.

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Henry Valder

Henry Valder (14 August 1862 – 12 February 1950) was a New Zealand storekeeper, sawmiller and business reformer.

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Indian labour law

Indian labour law refers to law regulating labour in India.

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Industrial Democracy

Industrial Democracy (1st edn 1897; 9th edn 1926) is a book written by British socialist reformers Sidney Webb and Beatrice Webb, concerning the organisation of trade unions and collective bargaining.

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Iron and Steel Act 1967

The Iron and Steel Act 1967 (c. 17) was an act of Parliament of the United Kingdom, which regulated corporate governance in the iron and steel industries.

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John Prescott

John Leslie Prescott, Baron Prescott (born 31 May 1938) is a British politician who served as Deputy Prime Minister of the United Kingdom from 1997 to 2007 and as First Secretary of State from 2001 to 2007.

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Labour law

Labour laws (also spelled as labor laws), labour code or employment laws are those that mediate the relationship between workers, employing entities, trade unions, and the government.

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List of acts of the Parliament of the United Kingdom from 1896

This is a complete list of acts of the Parliament of the United Kingdom for the year 1896.

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Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher, (13 October 19258 April 2013) was a British stateswoman and Conservative politician who was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990.

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Market failure

In neoclassical economics, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value.

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Market socialism

Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy.

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Massachusetts

Massachusetts (script), officially the Commonwealth of Massachusetts, is a state in the New England region of the Northeastern United States.

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Mitbestimmungsgesetz

Mitbestimmungsgesetz 1976 or the Codetermination Act 1976 is a German law that requires companies of over 2000 employees to have half the supervisory board of directors as representatives of workers, and just under half the votes.

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National Health Service Act 2006

The National Health Service Act 2006 (c. 41) is an act of the Parliament of the United Kingdom.

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New Zealand Law Commission

New Zealand's Law Commission (Te Aka Matua o te Ture) was established in 1986 by the Law Commission Act 1985.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.

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Oxford University Act 1854

The Oxford University Act 1854 (17 & 18 Vict. c. 81), also known as the Oxford University Reform Act 1854 or the University Reform Act 1854, is an Act of the Parliament of the United Kingdom, which regulates corporate governance at the University of Oxford, England.

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Paritarian institution

In the field of social protection, paritarian institutions are non-profit institutions which are jointly managed by the social partners (representatives of the employers and employees).

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Polder model

The polder model (poldermodel) is a method of consensus decision-making, based on the Dutch version of consensus-based economic and social policymaking in the 1980s and 1990s.

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Port of London Act 1908

The Port of London Act 1908 (8 Edw. 7. c. 68) was an Act of Parliament of the United Kingdom, which established the Port of London Authority and regulated corporate governance at the Port of London.

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Post office

A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery.

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Post Office Act 1969

The Post Office Act 1969 (c. 48) is an act of the Parliament of the United Kingdom that changed the General Post Office from a department of state to a public corporation, known as the Post Office.

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Post Office Act 1977

The Post Office Act 1977 (c. 44) was an act of Parliament of the United Kingdom, which regulated corporate governance at the Post Office.

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Report of the committee of inquiry on industrial democracy

The Report of the committee of inquiry on industrial democracy (1977) Cmnd 6706, also the Bullock Report for short, was a report proposing for a form of worker participation or workers' control, chaired by Alan Bullock.

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Scanlon plan

The Scanlon plan is a gainsharing program which combines leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance. Worker representation on corporate boards of directors and Scanlon plan are Human resource management.

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Simon Deakin

Simon Deakin (born 26 March 1961) is Professor of Law at the Faculty of Law, Cambridge, and a Fellow of Peterhouse, Cambridge.

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Social ownership

Social ownership is a type of property where an asset is recognized to be in the possession of society as a whole rather than individual members or groups within it.

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Social Partnership

Social partnership (Pairtíocht sóisialta) is the term used for the tripartite, triennial national pay agreements reached in Ireland.

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South Metropolitan Gas Company

The South Metropolitan Gas Company was a British gas company founded in 1829.

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State-owned enterprise

A state-owned enterprise (SOE) is a business entity which is established and/or owned by a national or state/provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector over means of production, provide commodities to citizens at a lower price, implement government policies, and/or to deliver products and services to remote locations that otherwise have trouble attracting private vendors.

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Stephen C. Smith (economist)

Stephen Charles Smith (born April 24, 1955) is an economist, author, and educator.

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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.

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The History of Trade Unionism

The History of Trade Unionism (1894, new edition 1920) is a book by Sidney and Beatrice Webb on the British trade union movement's development before 1920.

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Trade union

A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting and increasing the bargaining power of workers.

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Transport Act 1968

The Transport Act 1968 (c. 73) was an act of the Parliament of the United Kingdom.

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Transport Act 1985

The Transport Act 1985 (c. 67) was an act of Parliament in the United Kingdom.

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UK Corporate Governance Code

The UK Corporate Governance code, formerly known as the Combined Code (from here on referred to as "the Code") is a part of UK company law with a set of principles of good corporate governance aimed at companies listed on the London Stock Exchange.

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United Airlines

United Airlines, Inc. is a major American airline headquartered at the Willis Tower in Chicago, Illinois.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland.

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United Kingdom company law

The United Kingdom company law regulates corporations formed under the Companies Act 2006.

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United Kingdom labour law

United Kingdom labour law regulates the relations between workers, employers and trade unions.

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United States

The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America.

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United States corporate law

United States corporate law regulates the governance, finance and power of corporations in US law.

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United States labor law

United States labor law sets the rights and duties for employees, labor unions, and employers in the US.

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United Steelworkers

The United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, commonly known as the United Steelworkers (USW), is a general trade union with members across North America.

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Universities in the United Kingdom

Universities in the United Kingdom have generally been instituted by royal charter, papal bull, Act of Parliament, or an instrument of government under the Further and Higher Education Act 1992 or the Higher Education and Research Act 2017.

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Weimar Constitution

The Constitution of the German Reich (Die Verfassung des Deutschen Reichs), usually known as the Weimar Constitution (Weimarer Verfassung), was the constitution that governed Germany during the Weimar Republic era (1919–1933).

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Winston Churchill

Sir Winston Leonard Spencer Churchill (30 November 187424 January 1965) was a British statesman, soldier, and writer who was twice Prime Minister of the United Kingdom, from 1940 to 1945 during the Second World War, and 1951 to 1955.

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Worker cooperative

A worker cooperative is a cooperative owned and self-managed by its workers.

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Workers' council

A workers' council, also called labor council, is a type of council in a workplace or a locality made up of workers or of temporary and instantly revocable delegates elected by the workers in a locality's workplaces.

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Workplace democracy

Workplace democracy is the application of democracy in various forms to the workplace, such as voting systems, debates, democratic structuring, due process, adversarial process, and systems of appeal. Worker representation on corporate boards of directors and workplace democracy are democracy.

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Works council

A works council is a shop-floor organization representing workers that functions as a local/firm-level complement to trade unions but is independent of these at least in some countries. Worker representation on corporate boards of directors and works council are labour law.

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World War I

World War I (alternatively the First World War or the Great War) (28 July 1914 – 11 November 1918) was a global conflict between two coalitions: the Allies (or Entente) and the Central Powers.

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World War II

World War II or the Second World War (1 September 1939 – 2 September 1945) was a global conflict between two alliances: the Allies and the Axis powers.

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2021 Canadian federal election

The 2021 Canadian federal election was held on September 20, 2021, to elect members of the House of Commons to the 44th Canadian Parliament.

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See also

Board of directors

References

[1] https://en.wikipedia.org/wiki/Worker_representation_on_corporate_boards_of_directors

Also known as Board codetermination, Board-level employee representation, Co-determination, Codetermination, Codetermine, Employee director, Employee elected director, Employee nominated director, Mitbestimmung, Union nominated director, Union nominated directors, Voice at work, Votes at work, Worker board representation, Worker director, Worker directors, Worker elected director, Worker nominated director, Workers' participation, Workplace participation.

, Post office, Post Office Act 1969, Post Office Act 1977, Report of the committee of inquiry on industrial democracy, Scanlon plan, Simon Deakin, Social ownership, Social Partnership, South Metropolitan Gas Company, State-owned enterprise, Stephen C. Smith (economist), Supervisory board, The History of Trade Unionism, Trade union, Transport Act 1968, Transport Act 1985, UK Corporate Governance Code, United Airlines, United Kingdom, United Kingdom company law, United Kingdom labour law, United States, United States corporate law, United States labor law, United Steelworkers, Universities in the United Kingdom, Weimar Constitution, Winston Churchill, Worker cooperative, Workers' council, Workplace democracy, Works council, World War I, World War II, 2021 Canadian federal election.