A Proposed Alternative to Corporate Governance and Theory of Shareholder Primacy
&gt;If the average number of employees in a company in the course of the preceding three years has been at least 35, the employees in such a company are entitled to elect a number of employee representatives to the board of directors (“Company Representation”). The number of employee representatives shall be equivalent to at least half of the rest of the board of directors, however no fewer than two (i.e. if a board of directors consists of eight regular members, the employees have the right to elect four employee representatives).<p>Denmark has similar structures in place - for employee representation, anyway.<p><a href="http:&#x2F;&#x2F;www.bechbruun.com&#x2F;en&#x2F;Services&#x2F;Setting+Up+in+Denmark&#x2F;Company+formation&#x2F;Governance+structures+in+a+Danish+limited+company" rel="nofollow">http:&#x2F;&#x2F;www.bechbruun.com&#x2F;en&#x2F;Services&#x2F;Setting+Up+in+Denmark&#x2F;C...</a><p>I&#x27;ve been reading up on Denmark, because they seem to have a very balanced system, where regulations make sense and corruption is low. The workers are paid well, and the social safety net is pretty robust. Still learning a lot, and I&#x27;d love to hear from people who know more.<p>&gt;Denmark’s economy performs notably well in regulatory efficiency. Open-market policies sustain flexibility, competitiveness, and large trade and investment flows, and the transparent and efficient regulatory and legal environment encourages robust entrepreneurial activity. Banking regulations are sensible, and lending practices are prudent. Monetary stability is well maintained, and the judicial system provides strong protection for property rights. Political pressure for expanded government spending has been increasing, but such institutional assets as high degrees of business efficiency and regulatory flexibility have counterbalanced some of the shortcomings of heavy social spending.<p><a href="https:&#x2F;&#x2F;www.heritage.org&#x2F;index&#x2F;country&#x2F;denmark" rel="nofollow">https:&#x2F;&#x2F;www.heritage.org&#x2F;index&#x2F;country&#x2F;denmark</a>