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Another third way? VW and the trials of stakeholder capitalism
Author(s) -
Clark Ian
Publication year - 2006
Publication title -
industrial relations journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.525
H-Index - 3
eISSN - 1468-2338
pISSN - 0019-8692
DOI - 10.1111/j.1468-2338.2006.00423.x
Subject(s) - german , cohesion (chemistry) , capitalism , globalization , stakeholder , political science , economic system , market economy , business , political economy , sociology , economics , public relations , history , law , chemistry , archaeology , organic chemistry , politics
The continuing crisis at Volkswagen has attracted widespread attention and concern in its seeming epitomisation of the ‘sclerosis’ of the German business system and Germany’s system of industrial relations in large firms. These wider, systemic questions are reviewed here as well as the key, related issue as to how far, under globalisation, German corporate success can be achieved while retaining its long‐established approach towards social cohesion.