One way to make U.S. corporations more sustainable is to broaden the group of stakeholders whose interests are considered in making decisions. One of the most important groups of stakeholders is corporate employees, both because their own stake is critical to their well-being and because employees may value the interests of other stakeholders more than corporate shareholders or managers do. Yet, corporate law does nothing to encourage any role for employees in corporate governance. Corporate law focuses on just three groups within the corporation: shareholders, directors, and officers. This Article evaluates a number of possible strategies for creating a role for employees in corporate governance.
