Employee representation and pension fund governance in Australia
本文研究澳大利亚行业养老金基金中雇员与雇主联合治理的代表制安排，分析为何这些劳工主义替代组织在业绩上优于传统营利性财富管理公司。
Representative arrangements are widely employed in the governance of occupational pension funds, particularly in Australia where a sector of jointly employer/employee-sponsored ‘industry funds’ was established during the 1980s. The jointly governed industry funds are privately owned wealth-management businesses and have routinely outperformed the retirement-savings schemes run by the large listed for-profit providers. Seeking to understand why these examples of labourist ‘alternative organisations’ have outperformed more traditionally governed Australian wealth-management firms is the main purpose of this article.