HRM in Thailand: Eroding Traditions

This study explores the changing HRM practices in Thailand, especially over the past decade, during which the country has undergone substantial economic growth. It begins by examining the employment practices of traditional family-owned enterprises, which differ substantially from what have become thought of as ‘best practice’ in Western firms. It then analyzes the professionalization of employment practices in large-scale, publicly held Thai corporations. The final sections of the consider the nature of employment practices in the subsidiaries of multinational firms, which play a major role in the Thai economy.     

伦敦商学院和南加州大学马歇尔商学院

面向股东还是面向利益相关者？ 在日本的董事会会议上,不管是股东还是高管人员都被潜在地施加了压力,以便于他们关注利益相关人的利益而不是股东利益。当然,现在他们改革的压力也很大：而在美国的董事会会议上,20年的治理改革以及坚定的树立了“股东价值最大化”的概念,这就增强了董事会相对于管理层的独立性,并更加密切的适合董事会和公司业主的利益。     

UNIONS,MONOPOLISTIC COMPETITION AND THE OPTIMAL MONETARY REGIME

This paper considers the optimal monetary regime in a monopolistically competitive economy where wages are set by non‐atomistic (i.e. large) unions. In such a context, the conduct of monetary policy is known to influence not only the equilibrium inflation rate, but also equilibrium employment. Previous contributions which have examined this scenario have commonly concluded that a low degree of accommodation of wages and prices is optimal. This study shows, however, that the framework's principal features imply a highly accommodating policy stance can potentially achieve a superior outcome and, indeed, despite its character, is able to both eliminate unemployment and deliver zero inflation.     

Convergence in human resource systems: A comparison of locally owned and MNC subsidiaries in Taiwan

This article investigates issues of convergence in human resource systems in Taiwan, with reference to the similarities and differences between locally owned companies and subsidiaries of multinational corporations (MNCs). Traditionally, management in Taiwanese companies has been largely influenced by Confucian values and is quite distinct from approaches common to MNCs. However, globalization has engendered significant competitive pressures, coupled with cultural and institutional change within Taiwan. This article provides a theoretical framework for understanding such changes and provides empirical evidence indicating that Taiwanese companies are acting very much like MNCs with regard to the adoption of flexible, highperformance work systems. © 2005 Wiley Periodicals, Inc.     

Idiosyncratic deals and work‐to‐family conflict and enrichment: The mediating roles of fit perceptions and efficacy beliefs

Idiosyncratic deals (i‐deals), which involve personalised work arrangements negotiated between employees and their managers, offer a promising approach to accommodating the demands of a diverse workforce. In contrast with the traditional social exchange theory perspective, we integrate the theories of person–environment fit and self‐efficacy to examine the effect of flexibility i‐deals on both work‐to‐family conflict and enrichment. We specifically consider two mediating mechanisms: needs–supplies (N‐S) fit and family‐role efficacy. Results from two Chinese samples reveal that supervisor‐rated flexibility i‐deals relate positively with employees' family‐role efficacy and N‐S fit. These, in turn, relate to work‐to‐family conflict negatively and to work‐to‐family enrichment positively. Monte Carlo bootstrapping analyses confirm the indirect effects of N‐S fit and family‐role efficacy. By using an alternative theoretical perspective, we add to our understanding of the mechanisms underlying the i‐deals effect. This study expands existing i‐deals research to an empirically underrepresented area: work–family enrichment. Our findings also confirm the work–family benefits of i‐deals and strengthen managers' confidence regarding the merits of implementing i‐deals in the workplace.