Professional Documents
Culture Documents
The Role of Employees in Corporate Governance
The Role of Employees in Corporate Governance
Corporate Governance
Margaret M. Blair
Georgetown University Law Center
Third Southeastern Europe Corporate
Governance Roundtable
Wealth Creation: Requires
Capital and Labor
Conventional model -- “shareholder
primacy” -- leaves out role of employees
Growing recognition that human capital is
source of competitive advantage
Variety of ways that employees’ interests
can be represented.
Evidence that employee participation
enhances wealth creation.
The “Shareholder Primacy”
Reform Medicine