ch. 1. Theoretical framework. pt. 1. Why capital (usually) hires labor : an assessment of proposed explanations / Gregory Dow and Louis Putterman. pt. 2. Firm-specific human capital and theories of the firm / Margaret M. Blair. pt. 3. Workers and corporate governance : the role of political culture / David Charny. pt. 4. Tailored claims and governance : the fit between employees and shareholders / Edward B. Rock and Michael L. Wachter -- ch. 2. German Codetermination. pt. 5. Codetermination : a sociopolitical model with governance externalities / Katharina Pistor. pt. 6. Codetermination and German securities markets / Mark J. Roe. pt. 7. The market value of the codetermined firm / Theodor Baums and Bernd Frick -- ch. 3. Japanese corporate governance. pt. 8. The political economy of Japanese lifetime employment / Ronald J. Gilson and Mark J. Roe. pt. 9. Employment practices and enterprise unionism in Japan / Nobuhiro Hiwatari -- ch. 4. Employee share ownership. pt. 10. Employee stock ownership in economic transitions : the case of United and the airline industry / Jeffrey N. Gordon.