Employee rights United States corporate law
louis brandeis, testimony commission on industrial relations (1916) vol 8, 7659-7660 while investment managers tend exercise voting rights in corporations, bought pension, life insurance , mutual fund money, employees exercise voice through collective bargaining rules in labor law. increasingly, corporate law has converged labor law. united states in minority of organization economic cooperation , development countries that, yet, has no law requiring employee voting rights in corporations, either in general meeting or representatives on board of directors. on other hand, united states has oldest voluntary codetermination statute private corporations, in massachusetts since 1919 passed under republican governor calvin coolidge, enabling manufacturing companies have employee representatives on board of directors, if corporate stockholders agreed. in 1919 both procter & gamble , general ice delivery company of detroit had employee representation on boards. in 20th century, labor law t...