Introduction

The national environment is characterised primarily by the development of employee information and consultation systems in the national legislations of most European countries. Employee information and consultation has been the subject of different instruments such as codes of conduct and declarations in the International Labour Office, the Q.E.C.D. and the U.N, the efficacity of such measures has been the subject of controversy. An analysis of the context of the problem relating to employee information and consultation should lead to an examination of questions on the economic implications of the system and its repercussions on company operations. The extent to which financial and economic information is provided to employees of undertakings is very wide in many countries and is subject to uncontested legislative provisions. A good economic policy may be a major requisite for an efficient and adequate social policy but a good social policy can be a powerful support for a good economic policy".