IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v34y2003i6p530-549.html
   My bibliography  Save this article

Insider ownership, human resource strategies and performance in a transition economy

Author

Listed:
  • T Buck

    (Graduate School of Business, De Montfort University, Leicester, U.K.)

  • I Filatotchev

    (Bradford University School of Management, Bradford, U.K.)

  • N Demina

    (Center for Research in Enterprise in Emerging Markets, Nottingham University Business School, Nottingham, U.K.)

  • M Wright

    (Center for Research in Enterprise in Emerging Markets, Nottingham University Business School, Nottingham, U.K.)

Abstract

Researchers and potential investors in transition economies need to understand the Human Resource Management (HRM) strategies of target firms, since human resources are arguably their most valuable assets. Understanding is difficult, however, because HRM strategies help to determine firms' performance, but are in turn influenced by corporate governance, particularly insider ownership. This paper employs a structural equation modeling methodology to examine the relations between governance, HRM strategies and performance in the context of a novel dataset of Ukrainian industrial firms. It is found that insider ownership is positively associated with high-commitment HRM strategies and negatively with low-commitment, cost-cutting HRM strategies. Cost-cutting HRM strategies are in turn associated with weaker firm performance. These outcomes correspond broadly with theoretical expectations. Journal of International Business Studies (2003) 34, 530–549; doi:10.1057/palgrave.jibs.8400065

Suggested Citation

  • T Buck & I Filatotchev & N Demina & M Wright, 2003. "Insider ownership, human resource strategies and performance in a transition economy," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 34(6), pages 530-549, November.
    • Handle: RePEc:pal:jintbs:v:34:y:2003:i:6:p:530-549
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v34/n6/pdf/8400065a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jibs/journal/v34/n6/full/8400065a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Renata Simoes Guimaraes e Borges, 2009. "Organizational Change Implementation and the Role of Human Resource Practices: a Brazilian Case Study," Brazilian Business Review, Fucape Business School, vol. 6(3), pages 284-295, September.
    2. Bersant Hobdari & Aleksandra Gregoric & Evis Sinani, 2011. "The role of firm ownership on internationalization: evidence from two transition economies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(3), pages 393-413, August.
    3. Peter Gahan & Marco Michelotti & Guy Standing, 2012. "The Diffusion of HR Practices in Chinese Workplaces and Organizational Outcomes," ILR Review, Cornell University, ILR School, vol. 65(3), pages 651-685, July.
    4. Schnellbächer, Benedikt & Stephan, Johannes, 2009. "The Role of the Intellectual Property Rights Regime for Foreign Investors in Post-Socialist Economies," IWH Discussion Papers 4/2009, Halle Institute for Economic Research (IWH).
    5. Pološki Vokić Nina & Kohont Andrej & Slavić Agneš, 2017. "Is there Something as an Ex-Yugoslavian HRM Model? – Sticking to the Socialist Heritage or Converging With Neoliberal Practices," Naše gospodarstvo/Our economy, Sciendo, vol. 63(4), pages 40-53, December.
    6. Dean A. Shepherd & Holger Patzelt & J. Michael Haynie, 2010. "Entrepreneurial Spirals: Deviation–Amplifying Loops of an Entrepreneurial Mindset and Organizational Culture," Entrepreneurship Theory and Practice, , vol. 34(1), pages 59-82, January.
    7. Helen Hu & On Tam & Monica Tan, 2010. "Internal governance mechanisms and firm performance in China," Asia Pacific Journal of Management, Springer, vol. 27(4), pages 727-749, December.
    8. Hsiang-Lin Cheng & C.-M. J. Yu, 2012. "Adoption of Practices by Subsidiaries and Institutional Interaction within Internationalised Small- and Medium-Sized Enterprises," Management International Review, Springer, vol. 52(1), pages 81-105, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:34:y:2003:i:6:p:530-549. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.