Christine Blandhol, Magne Mogstad, J Peter Nilsson, Ola L. Vestad
Worker representation on corporate boards has gained popularity as a way to promote the workers’ interests. This column explores whether worker wages are linked to worker representation on corporate boards, using ten years of data from Norway. Workers are paid more and face less earnings risk if they work in firms with worker representation on the board, but these benefits can be entirely explained by firm size and the share of unionised workers. While workers may benefit from being employed in firms with worker representation, they would not benefit from legislation mandating worker representation on corporate boards.
https://voxeu.org/article/benefit-employees-worker-representation-corporate-boards
