Research in wage differentials has a long tradition. Prominent reasons why people make more or less money in the labor market include personal characteristics of the employee (e.g., human capital or gender), job characteristics (working conditions demanding compensating wage differentials), and...

This paper studies how governance practices within and across national boundaries – specifically employee representation on the board – impact firm performance. Based on the property rights view of the firm, we propose that the relationship between employee representation on the board and...