An increasing number of enterprises is engaged in international markets. In order to be successful in these markets, enterprises are forced to base their personnel policy on stronger internationally orientated considerations. One instrument useful to realise this goal is to send employees to an...

For decades, some governments have fiercely opposed any statute of the Societas Europaea that foresaw German-type co-determined supervisory boards. Considering firms as pools of specific investors, we ask about the conditions that are necessary to secure the interests of specific human...