This guide describes how to refer to the main legal documents of international organizations, such as United Nations treaties. It does not cover how to refer to primary legal documents from national courts, e.g. French case law. The idea that a company`s employees should be allowed to elect some of the company`s board members, a system known as co-determination, has come to the forefront of U.S. corporate law policy. Elizabeth Warren`s Responsible Capitalism Act calls on employees of large corporations to elect 40% of all board members. Bernie Sanders` plan for corporate responsibility and democracy goes even further, saying workers should elect 45 percent of board members. Warren and Sanders` plans are broadly similar to Germany`s co-determination law, which for many decades has allowed employees of major German companies to elect up to half of all board members. So it`s no surprise that Senator Sanders cites Germany`s successful economic development as proof that economic progress and mandatory participation can go hand in hand. However, this article argues that co-management is ill-suited to U.S. companies. While Germany undoubtedly derives significant benefits from co-determination, the legal, social and institutional differences between Germany and the United States make it highly unlikely that the United States will be able to replicate these advantages. In addition, co-management costs in the United States would likely be much higher than in Germany.
Recent regulatory responses to serious adverse events have led to a number of reactions that include either retrospective responses or attempts to control future behaviour. This article compares the extremes of these responses in Science-Based Regulation in Financial Services: From Deterrence to Culture. For a LAW assignment, you must cite references in two places: “Co-determination: A Poor Fit for U.S. Corporations” Columbia Business Law Review, Vol. 2020, No. 3, 2020/21European Institute of Corporate Governance – Law Working Paper No. 509/2020Oxford Legal Studies Research Paper No. 17/2020 “Law`s Boundaries” Legal Theory (forthcoming)Oxford Legal Studies Research Paper No. 16/2020 Jens Dammann, University of Texas at Austin – Faculty of Law, European Institute of Corporate Governance (ECGI)Horst Eidenmüller, University of Oxford – Faculty of Law, European Corporate Governance Institute (ECGI) Grundlage Action and Structures on Values in a Post-Corona World This guide is the BU version of the Oxford Standard for the Citation of Legal Authorities (OSCOLA), Cited International Law Sources (2006). Please note that some changes have been made to OSCOLA`s original policies. ADAM PERRY, University of Oxford – Faculty of LawEmail: adam.perry@law.ox.ac.uk Every country has experienced a deep attack from the coronavirus. Each state will now face profound economic damage, perhaps for a longer period of time.