Social medium as dictatorship
Social medium as dictatorship
Posted Jan 16, 2025 10:28 UTC (Thu) by malmedal (subscriber, #56172)In reply to: Social medium as dictatorship by linuxrocks123
Parent article: The people should own the town square (Mastodon Blog)
> Here's one paper looking at the train collision in detail: https://www.nber.org/system/files/working_papers/w7945/w7...
> TLDR: "Averaged over the five years we analyzed, codetermination reduces market-to-book value by 27% and return on assets by 5 basis points. ... codetermination reduces the return on equity on average by 2 basis points."
That paper is about Germany and from the year 2000.
This one is from 2021 and talks about more countries: https://www.nber.org/papers/w28921 it finds "The available micro evidence points to zero or small positive effects of codetermination on worker and firm outcomes, and leaves room for moderate positive effects on productivity, wages, and job stability."