Employee Participation in Corporations: A Law and Economics Perspective

Date & Time: June 25, 2025 (Wednesday) 12:00-13:00

Venue: Room 723, 7/F Cheng Yu Tung Tower, The University of Hong Kong

Language: English

(In-person event)

Abstract:

This paper provides a law and economics analysis of the effects of employee participation in corporations. It begins by exploring, from a theoretical perspective, how employee participation might reduce principal-agent problems. Next, this paper distinguishes different forms of employee participation, emphasizing ownership plans—where employees receive shares—and active roles on corporate boards. In addition to the theoretical exposure of the potential advantages and possible challenges and drawbacks of employee participation, the paper also reviews the empirical evidence concerning the effects of employee participation.

Speaker:

Guotong Shen is a PhD candidate at the Faculty of Law, Maastricht University. Her PhD project concerns employee participation in corporations from a law and economics perspective. She researches in the areas of law and economics, corporate governance, empirical legal studies, and Chinese law. She has contributed to the journal of the Shenzhen Lawyers Association with articles on corporate governance and insolvency in the Netherlands. Her academic work has been accepted in reputable journals, such as Modern China, and University of Pennsylvania Asian Law Review.

Chair:
Jedidiah Kroncke is Associate Professor of Law at The University of Hong Kong.

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