Article link: https://www.bnnbloomberg.ca/to-help-improve-u-s-wages-check-out-germany-1.1236707

1. According to the article, German firms have a "decade-long tradition of co-determination." Based on the course material and our discussion in class, define what co-determination means and how co- determination differs from US definition of the corporation. (11 points) 2. Name four potential effects of employee representation on the board on corporate strategy and behavior. (11 points) 3. Recall the assigned reading by Jensen. According to Jensen, what is the main problem with co-determination? Do you agree or disagree with him? Explain (11 points)