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| Author: | Kiriazov, D. Sullivan, S. E. Tu, H. S. |
| Title: | Business success in Eastern Europe: Understanding and customizing HRM |
| Journal: | Business Horizons
2000 : JAN/FEB, VOL. 43:1, p. 39-43 |
| Index terms: | Human resource management Transition economies Emerging markets Planning Multinational companies Foreign investment Eastern Europe |
| Language: | eng |
| Abstract: | Many Western firms are investing rapidly in companies in former communist countries. Since the early 1990s, East European political reforms aimed at improving productivity have instead caused decreased output, reduced wage rates, and more downsizing and layoffs. But Eastern Europe continues the transition to a market economy, with changes occurring in work values, employment practices, and HRM. Understanding and customizing HRM practices for success in Eastern Europe are discussed. |
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