In some European countries, companies practice co-determination. For example,
A)CEOs can only earn their salaries if the company is profitable.
B)in some cases, 50% of the board of directors is company workers.
C) the CEO compensation is determined by the Stockholders and the government.
D)the union representatives and management form a hiring committee to select the CEO.

Question

Quizplus · Accepted Answer

Co-determination is a system in which workers are represented on the board of directors in a company. In some European countries, such as Germany, co-determination laws mandate that half of the seats on the board of directors must be filled by employee representatives. Therefore, option B is the best choice because it correctly describes co-determination in European countries.

In Some European Countries, Companies Practice Co-Determination