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11 Cal. W. L. Rev. 217 (1974-1975)
Restrictions on Shared Decision-Making Authority in American Business

handle is hein.journals/cwlr11 and id is 235 raw text is: CALIFORNIA WESTERN LAW REVIEW VOLUME 11 WINTER 1975 NUMBER 2 Restrictions on Shared Decision-Making Authority in American Business JERRY W. MAEKHAM* In recent years employee concerns over management policies have expanded beyond traditional areas of wages, hours and terms and conditions of employment to include the total working en- vironment and the economic impact on employees of general cor- porate policies. Few entrepreneurial decisions affecting the operations of corporations are not of increased interest to employ- ees. Concurrently, management has shown an increased interest in integrating employees in aspects of decision-making, and in the formulation of management policies, as a means of reducing in- dustrial strife and increasing productivity. Job enrichment has become a common concern of employees and management, since both groups have an interest in contented, more productive employees. Spiraling wages and other increased costs require both management and labor to consider their joint concern in combatting the effects of inflation on the profitability of the company and employee welfare. Joint interests also may extend to such factors as assuring continuity in the company's operation so that production or other operational changes do not occasion frequent layoffs or cause displacement of an organized and skilled work force or require sustained and burdensome over- time requirements. In pursuing such common interests, employ- ees and employers may wish to use decision-making avenues other than the traditional give-and-take relationship imposed by present collective bargaining relationships in which decisions are reached * Secretary and Counsel, Chicago Board Options Exchange, Inc. B.S., 1969, Western Kentucky University; J.D., 1971, University of Kentucky; LL.M., 1974, Georgetown University; 1972-74, Attorney, Office of the General Counsel, United States Securities and Exchange Commission.

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