The Impact of Cross-border Mergers on Co-decision Making: The Case of a Danish company

Robson Rocha

    Research output: Working paperResearch

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    Abstract

    The present article investigates changes over time in the patterns of co-decisionmaking in a Danish multinational company which has grown through cross-border mergers and acquisitions. The findings show the difficulties that trade union representatives face when firms try to introduce a governance regime based on shareholder value ideology. The article argues that hybrid forms of governance are unlikely to develop due to historically embedded governance institutions, which create distinct expectations about how a firm must be governed and who has the right to participate in this governance. The spread of the Anglo-Saxon model of governance in Europe is likely to have negative effects on co-decision-making processes and established patterns of organizational cooperation.
    Original languageEnglish
    Place of PublicationFrederiksberg
    PublisherDepartment of Business and Politics. Copenhagen Business School
    Number of pages27
    ISBN (Print)8791690692
    Publication statusPublished - 2008
    SeriesWorking Paper / Department of Business and Politics
    Number58

    Keywords

    • Multinational corporations
    • Mergers and acquisitions
    • Co-decision making
    • Institutions
    • Corporate governance

    Cite this

    Rocha, R. (2008). The Impact of Cross-border Mergers on Co-decision Making: The Case of a Danish company. Department of Business and Politics. Copenhagen Business School. Working Paper / Department of Business and Politics, No. 58