Abstract
When multinational corporations (MNCs) take over subsidiaries in other countries and institutional settings, their headquarters often encounter employment relations systems that differ markedly from the systems they know from their country of origin. Building on insights from social capital theory, we argue that MNCs benefit from employing HRM practices that are sensitive to the local cooperative culture on a micro level and to the industrial-relations system on a macro level as, in doing so, they often receive an unexpected return on their investments. This return takes the form of advantages in terms of work organization and a cooperative culture.
Original language | English |
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Title of host publication | Proceedings of the 56th Annual Meeting of the Academy of International Business : Local Contexts in Global Business |
Editors | Klaus Meyer, Tunga Kiyak |
Place of Publication | East Lansing, MI |
Publisher | Academy of International Business |
Publication date | 2014 |
Pages | 197 |
Publication status | Published - 2014 |
Event | AIB 2014 Annual Meeting : Local Context in Global Business - Westin Bayshore, Vancouver, Canada Duration: 23 Jun 2014 → 26 Jun 2014 Conference number: 56 http://aib.msu.edu/events/2014/ |
Conference
Conference | AIB 2014 Annual Meeting |
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Number | 56 |
Location | Westin Bayshore |
Country/Territory | Canada |
City | Vancouver |
Period | 23/06/2014 → 26/06/2014 |
Internet address |
Series | Academy of International Business. Annual Meeting. Proceedings |
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Volume | 56 |
ISSN | 2078-4430 |