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Analysis Of The Functions Of Human Resource Management In Foreign-Owned And Domestically Owned Private Companies

Author

Listed:
  • Marina Brodaric Ivacic

    (Brodospas d. d., Croatia)

  • Ivana Tadic

    (University of Split, Faculty of Economics, Business and Tourism, Croatia)

Abstract

The study analyses the function of human resource management (HRM) in private companies in the Republic of Croatia, including both foreign and domestically owned companies, based on a sample of 130 large and medium-sized enterprises. The core areas of the research include analysing the development of individual HRM sub-functions, analysing the quality of the implementation of individual activities within a particular HRM sub-function, the importance of individual HRM sub-functions for the business success of the company and the personal satisfaction of HRM managers with the development of individual HRM sub-functions. The aim of this paper is to show how the quality of the HRM function in Croatian companies varies depending on the origin of the company owners. The analysed and statistically processed data, which were collected through a questionnaire from the interviewed HRM managers, reveal both similarities and differences in the HRM function in foreign-owned and domestically owned companies in the Republic of Croatia. It is concluded that the degree of development of individual HRM sub-functions, the quality of implementation of individual activities within a particular HRM sub-function, the degree of importance of individual HRM sub-functions, and the degree of HR managers' satisfaction with the development of HRM sub-functions are higher in foreign-owned private companies than in domestically owned private companies.

Suggested Citation

  • Marina Brodaric Ivacic & Ivana Tadic, 2026. "Analysis Of The Functions Of Human Resource Management In Foreign-Owned And Domestically Owned Private Companies," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 35(1), pages 3-22, june.
    • Handle: RePEc:avo:emipdu:v:35:y:2026:i:1:p:3-34
    DOI: 10.17818/EMIP/2025/39
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    Keywords

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    JEL classification:

    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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