1. Nonmarket Environments
Management boards and supervisory boards place equal representation on employees, and banks sit on supervisory boards helping reduce labor strife. ... Germany's dual boards system may reduce labor strife, but it makes it more difficult for German mangers to reallocate resources, providing strong rights for banks, weak protections for minority shareholders exist. ...
- Word Count: 840
- Approx Pages: 3
- Grade Level: Undergraduate