On the Right to Labor Participation: Safeguarding Democratic Participation in Enterprise Operation and Management
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DOI:
https://doi.org/10.68322/ajsid.38Keywords:
Right to labor participation, law and economics, democratic participationAbstract
Safeguarding workers’ right to labor participation and enabling them to participate in democratic management of enterprises is a manifestation of labor as human capital. However, the adverse selection and moral hazard arising from information asymmetry also need to be prevented. Moreover, engaging in games with enterprises through workers’ congresses or staff representatives’ congresses, as well as through worker directors and worker supervisors, is inherent in trade unions’ protection of workers’ right to labor participation.
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