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    Partnership, ownership and control: the impact of corporate governance on employment relations

    Deakin, S. and Hobbs, R. and Konzelmann, Suzanne J. and Wilkinson, F. (2001) Partnership, ownership and control: the impact of corporate governance on employment relations. Working Paper. ESRC Centre for Business Research, Cambridge, UK.

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    Abstract

    Most large UK private-sector organisations are listed companies that are subject to intense pressures to enhance shareholder value. The question arises of whether this constrains the ability of UK managers to pursue genuine partnership arrangements with long-term stakeholders, including employees. Empirical evidence is presented in the form of case studies of partnership relations between labour and management since the mid-1990s in companies operating under different forms of ownership. While some companies have been able to reconcile shareholder demands with a ‘partnership’ approach, in other cases, shareholder pressure has undermined partnership relations of the kind which have endured under more concentrated forms of ownership. Where the corporate governance system can be seen to support partnership, it is in conjunction with market regulation underpinning quality standards, relative stability in product markets, and a willingness on the part of senior management to mediate between the claims of different stakeholder groups.

    Metadata

    Item Type: Monograph (Working Paper)
    Keyword(s) / Subject(s): Corporate governance, industrial partnership, stakeholding, co-operation
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management
    Research Centre: Corporate Governance and Ethics, London Centre for
    Depositing User: Suzanne Konzelmann
    Date Deposited: 18 Jan 2013 11:34
    Last Modified: 09 Dec 2016 11:07
    URI: http://eprints.bbk.ac.uk/id/eprint/5852

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