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Corporate Governance and Employment RelationsSuzanne J. KonzelmannUniversity of London - Birkbeck College - Faculty of Social Sciences, School of Management and Organizational Psychology; University of Cambridge - Faculty of Social and Political Sciences Neil ConwayUniversity of London - Birkbeck College Frank WilkinsonUniversity of London - Birkbeck College December 1, 2007 Abstract: Using the 2004 United Kingdom Workplace Employment Relations Survey (WERS 2004), this paper examines the impact of corporate governance on HRM practices and employment relations outcomes within organizations in the UK. The analysis suggests that when a remote external stake-holder is assigned dominance, particularly in the case where their liability is limited and the organization is large, the conditioning of managerial commitments on the requirements of the dominant stake-holder has the potential to undermine the effectiveness of the HRM system in achieving its objectives.
Number of Pages in PDF File: 33 Keywords: corporate governance, human resource management, stakeholding, employment relations, work and employment relations survey JEL Classification: J24, J53, L21, L23, M12, M5 working papers seriesDate posted: September 20, 2011Suggested CitationContact Information
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