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Author: | Gospel, H. Pendleton, A. |
Title: | Finance, corporate governance and the management of labour: A conceptual and comparative analysis |
Journal: | British Journal of Industrial Relations
2003 : SEP, VOL. 41:3, p. 557-582 |
Index terms: | Financial structure Corporate governance Human resource management Industrial relations USA United Kingdom Japan Germany |
Language: | eng |
Abstract: | This article explores links between the firm's financial structure, corporate governance, and the management of labour. It reviews various literatures, in particular drawing from financial economics and political economy, and combines these with industrial relations, and human resource management. The authors develop a model that identifies how financial institutions and pressures impact upon labour management. Managerial discretion is at the center of the model, and sixty key influences and constraints upon management are identified. The authors present evidence from comparative analysis of labour management which illustrates how management decisions and practises are affected. |
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