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Political [Personnel] Economy ?a Political Economy Perspective to Explain Different Forms of Human Resource Management Strategies

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  • Werner Nienhueser

    () (University of Duisburg-Essen, Institute of Human Resource Management, Department of Business Administration, Economics, Business Computing and Informatics)

Abstract

A political economy approach to explaining the existence of different human resource strategies is developed in this article ? in short: a political personnel economy. The starting point is a critical analysis of the abstinence of politics and power and the resulting explanation deficiencies of traditional microeconomic approaches and of the transactions cost theory. The Marxian labour process theories also discussed in this article, while certainly ?political?, primarily exhibit problems related to the theory of action as a foundation. A micro-analytical theory of action-based version of a political economy approach is therefore outlined and applied to the explanation of different human resource management strategies.

Suggested Citation

  • Werner Nienhueser, 2004. "Political [Personnel] Economy ?a Political Economy Perspective to Explain Different Forms of Human Resource Management Strategies," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 15(2), pages 228-248.
  • Handle: RePEc:rai:mamere:1861-9908_mrev_2004_02_nienhueser
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    Keywords

    Human Resource Management; Strategies; Power; Political Economy; Transactions Cost Theory; Microeconomics; Politics;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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