Corporate Governance, Stake-Holding and the Nature of Employment Relations Within the Firm

Cambridge Centre for Business Research Working Paper No. 313

42 Pages Posted: 20 Sep 2011

See all articles by Suzanne J. Konzelmann

Suzanne J. Konzelmann

University of London - Birkbeck College - Faculty of Social Sciences, School of Management and Organizational Psychology; University of Cambridge - Faculty of Social and Political Sciences

Neil Conway

University of London - Birkbeck College

Linda Trenberth

University of London - Birkbeck College - Department of Management

Frank Wilkinson

University of London - Birkbeck College

Date Written: September 1, 2005

Abstract

This paper investigates the effect of different forms of corporate governance on the structure and nature of stakeholder relationships within organizations and the consequent impact on employment relations within the firm. In this, HRM assumes a dual role in delivering improvements in production efficiency and in fostering employee commitment to the organization and its objectives. However, different forms of corporate governance prioritize stakeholder interests in ways that may bring these two objectives into conflict. To address these questions, we examine the interrelationship between corporate governance, HRM practices and HRM outcomes in a comparative analysis of companies operating under alternative forms of governance, including private sector, public sector and family-owned firms. The empirical analysis is based on the UK Work and Employment Relations Survey (WERS98).

Keywords: corporate governance, human resource management, stakeholding, employment, relations, Work and Employment Relations Survey

JEL Classification: J24, J53, L21, L23, M12, M5

Suggested Citation

Konzelmann, Suzanne J. and Conway, Neil and Trenberth, Linda and Wilkinson, Frank, Corporate Governance, Stake-Holding and the Nature of Employment Relations Within the Firm (September 1, 2005). Cambridge Centre for Business Research Working Paper No. 313, Available at SSRN: https://ssrn.com/abstract=1930865 or http://dx.doi.org/10.2139/ssrn.1930865

Suzanne J. Konzelmann (Contact Author)

University of London - Birkbeck College - Faculty of Social Sciences, School of Management and Organizational Psychology ( email )

Malet Street
Bloomsbury
London, WC1E 7HX
United Kingdom
+44 (0) 207 631 6799 (Phone)

HOME PAGE: http://www.bbk.ac.uk/management/our-staff/academics/konzelmann

University of Cambridge - Faculty of Social and Political Sciences ( email )

ESRC Centre for Business Research
Cambridge, CB2 1TN
United Kingdom
+44 1223 337733 (Phone)

Neil Conway

University of London - Birkbeck College ( email )

School of Management and Organizational Psychology
Malet Street
London WC1E 7HX
United Kingdom

Linda Trenberth

University of London - Birkbeck College - Department of Management ( email )

Malet Street
London, WC1E 7HX
United Kingdom

HOME PAGE: http://www.bbk.ac.uk/manop/management/staff/trenberth.shtml#top

Frank Wilkinson

University of London - Birkbeck College ( email )

Department of Management
London WC1E 7HX
United Kingdom

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