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Stakeholder Engagement in European Companies: Company Law Perspectives

Edited by: Hanne S. Birkmose, Karsten Engsig Sørensen

ISBN13: 9781035356812
To be Published: December 2025
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £130.00



This book evaluates the imperative for companies to broaden their stakeholder engagement. Contributors compare and analyse various stakeholder engagement models within European company law, whether national company law or EU law, examining their efficacy, benefits, and limitations.

Leading experts investigate the role of different stakeholders within company organisations, namely employees, business partners, customers and clients, and those within the local community. They explore the difference in regulatory frameworks that govern the engagement of these groups, evaluating the advantages and disadvantages of each. Chapters cover key topics, including worker influence and representation, worker share schemes, the consultation of stakeholders on sustainability measures, debtholder influence, and stakeholders in the data economy. Looking ahead, this book evaluates the prospects for future reforms to corporate law in relation to stakeholders.

Stakeholder Engagement in European Companies is a valuable resource for scholars, practitioners, and students interested in understanding how corporate governance is affected by stakeholder engagement. This book will greatly benefit those in the fields of corporate law, company and insolvency law, and European law.

Subjects:
Company Law, EU Law
Contents:
1. Introduction to Stakeholder Engagement in European Companies 1
Hanne S. Birkmose and Karsten Engsig Sørensen

PART I WORK REPRESENTATION
2. Worker representation in supervisory boards 13
Achim Seifert
3. Worker influence when participating in supervision and management of a company 35
Troels Michael Lilja
4. Workers’ rights to interfere with the appointment of company directors 62
Mijke Houwerzijl
5. Corporate assembly in Norwegian companies 83
Tore Bråthen
6. Employee participation in UK corporate governance 102
Andreas Kokkinis and Konstantinos Sergakis
7. The underutilization of employee participation: examining the barriers 125
Mette Neville

PART II OTHER FORMS OF WORKER INVOLVEMENT
8. Works councils as stakeholders: the European Works Council and the Dutch Works Council 154
Joti Roest
9. Employee involvement through information and consultation during cross-border conversions, mergers, and divisions 177
Thomas Papadopoulos
10. Employee share schemes 200
Veikko Vahtera

PART III INVOLVEMENT OF OTHER STAKEHOLDERS
11. Corporate sustainability due diligence and the involvement of stakeholders 214
Karsten Engsig Sørensen
12. Whistleblowing – stakeholder impact on corporate governance and compliance 238
Klaus Ulrich Schmolke
13. Strategic litigation against companies by NGOs representing stakeholder interests 261
Hans De Wulf
14. NGOs and other stakeholder groups’ influence as participants in AGMs 282
Christoph van der Elst
15. Debtholder influence in corporate governance 309
Suren Gomtsian
16. Data creditors: the rise of new stakeholders in the data economy and their role in corporate governance 333
Florian Möslein