Employee involvement in companies under the European Company Statute (ECS): MAN SE

Case study
Published
25 April 2011
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Authors: 
Rehfeldt, Udo

Abstract

MAN was the first German company to create a SE, by the conversion of its subsidiary MAN B&W Diesel into MAN Diesel SE in August 2006. This was followed in 2009 by the conversion of MAN itself into MAN SE. Read more
MAN was the first German company to create a SE, by the conversion of its subsidiary MAN B&W Diesel into MAN Diesel SE in August 2006. This was followed in 2009 by the conversion of MAN itself into MAN SE. Both management and the employee representatives were well prepared for negotiating an agreement on employee involvement. Management’s overall assessment is that the agreement is an acceptable compromise and will contribute to the internationalisation of the company. The employee representatives are also satisfied because codetermination rights have been secured and important rights have been obtained for the SE works council.
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    Number of Pages: 
    11
    Reference No: 
    EF10785
    Catalogue info

    Employee involvement in companies under the European Company Statute (ECS): MAN SE

    Authors: 
    Rehfeldt, Udo

    MAN was the first German company to create a SE, by the conversion of its subsidiary MAN B&W Diesel into MAN Diesel SE in August 2006. This was followed in 2009 by the conversion of MAN itself into MAN SE. Both management and the employee representatives were well prepared for negotiating an agreement on employee involvement. Management’s overall assessment is that the agreement is an acceptable compromise and will contribute to the internationalisation of the company. The employee representatives are also satisfied because codetermination rights have been secured and important rights have been obtained for the SE works council.

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