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date: 12 December 2019

Abstract and Keywords

This article focuses on the differences between the United States and Germany. These two nations are viewed as representative of distinctive varieties of capitalism, and they have very different representation rights and institutional norms accounting for these varieties. The contribution of this article is to address the reasons for this variation and why it persists in view of such pressures. It begins by briefly describing cross-national differences in representational rights and in organizational governance structures associated with these rights (or lack thereof). The article then addresses various explanations that have or can be advanced to explain this variation and why it persists. Next, based on these explanations, it adopts a historical-institutionalist perspective to explore the historical basis of this variation.

Keywords: capitalism, representation rights, institutional norms, cross-national differences, organizational governance

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