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Beyond Skills: The Institutional Role of Employee Training in Republican China’s Banking Sector

Author

Listed:
  • Lingyu Kong

    (Adelaide University)

  • Qixia Xu

    (Zhongnan University of Economics and Law)

Abstract

We show that employee training in Republican-era Chinese banks served not just to build skills but to stabilize institutions and align workforce behavior with evolving organizational goals. Despite operating in skill-rich environments with simple job tasks, banks invested heavily in hierarchical training systems to maintain internal labor markets, enforce ethical conduct, and foster merit-based promotion. Training functioned as a mechanism for employee monitoring, governance control, and symbolic commitment to long-term employment. This reframing challenges human capital theory and contributes to a richer historical understanding of training as an organizational control mechanism, emphasizing its symbolic and structural significance in employment relations.

Suggested Citation

  • Lingyu Kong & Qixia Xu, 2026. "Beyond Skills: The Institutional Role of Employee Training in Republican China’s Banking Sector," Adelaide Economics Working Papers 2026-08 Classification-, Adelaide University, School of Economics.
  • Handle: RePEc:adl:wpaper:2026-08
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