Details

Autor(en) / Beteiligte

• Kim, Dong Ju
• Kim, Dong-One

Titel

The impact of corporate governance on employment relations in South Korea: the shareholder versus stakeholder perspectives

Ist Teil von

• International journal of human resource management, 2015-09, Vol.26 (17), p.2143-2165

Ort / Verlag

London: Routledge

Erscheinungsjahr

2015

Quelle

Taylor & Francis Journals Auto-Holdings Collection

Beschreibungen/Notizen

• This study empirically examined the impact of corporate governance on employment relations outcomes utilizing a comprehensive data set drawn from 214 Korean firms. The study contrasted the stakeholder and shareholder perspectives of corporate governance in investigating the impact of corporate governance on employment relations outcomes. The results showed that the stakeholder corporate governance orientation (as compared to the shareholder orientation) had positive relationships with education/training expense, the level of average employee tenure and industrial relations climate, and had a negative association with number of strikes. Overall, the results implied that the stakeholder orientation of firms led to more beneficial effects for employees and more consensual relations with labor unions than the shareholder orientation did.