GOODCORP - bis
Description
The aim of the project is to compile and evaluate existing research results on corporate governance issues at EU level in order to support the debates among the trade unions. The project is designed to monitor and assess the activities of the EU Commission, mainly DG market, in this field and publish a newsletter, mainly on recent developments in EU company law. This includes examining how the new type of financialisation could be regulated and channelled by EU law in order to provide a beneficial framework for all stakeholders. Furthermore, an opportunity will be bought to re-start the debate on a European fundamental right for worker participation. Another focus will be the global dimension of regulating corporate governance taking into account the lack of a basis for international legislation.
The collaboration with TUAC (The Trade Union Advisory Committee to the OECD) and working groups of ITUC (International Trade Union Confederation) might play an important role. These activities aim to support political actors with a trade union background in order to put an alternative emphasis on the ongoing public debate on how to tackle "new financial capitalism" in an appropriate way.
Thereby, GOODCORP bis will focus on two main issues:
1. Development of an alternative concept of shareholder capitalism which aims to carry forward a reflection oriented on a "third way of negotiated shareholder capitalism" considering an important position for workers within and not marginal to the corporate relationships. Special concern will be placed on the question how far workers' voice could be strengthened in order to give companies and thereby workplaces a long-term perspective. This may provide arguments to be used by members of the European Corporate Governance Forum who are open to make workers' interests as such as a subject of the European debate on corporate governance.
This issue will be prepared by a conceptual study and by secondary examination of material describing cases of companies targeted by alternative investors like hedge funds or private equity.
2. Preparation of appropriate material to be used and tested in exchange events bringing together workers' board-level representatives from SEs as well as affected companies across Europe; this activity will be organised together with ETUI-REHS Education department.
Collaboration with research and education departments from ETUC affiliates will be developed.
Researchers
Isabelle Schömann
Senior Researcher, ETUI-REHS - NETLEX Coordinatorphone: +32 (0) 2 224 07 24 and + 49 421 200 5020
Dr. Norbert Kluge
Senior researcher. Head of the ETUI-REHS SEEurope projectphone: +32 (0) 2 224 05 08
