Corporate governance, stake-holding and the nature of employment relations within the firm

Suzanne Konzelmann, Neil Conway, Linda Trenberth and Frank Wilkinson

Working Papers from Centre for Business Research, University of Cambridge

Abstract: This paper investigates the effect of different forms of corporate governance on the structure and nature of stakeholder relationships within organizations and the consequent impact on employment relations within the firm. In this, HRM assumes a dual role in delivering improvements in production efficiency and in fostering employee commitment to the organization and its objectives. However, different forms of corporate governance prioritise stakeholder interests in ways that may bring these two objectives into conflict. To address these questions, we examine the interrelationship between corporate governance, HRM practices and HRM outcomes in a comparative analysis of companies operating under alternative forms of governance, including private sector, public sector and family-owned firms. The empirical analysis is based on the UK Work and Employment Relations Survey (WERS98).

Keywords: corporate governance; human resource management; stakeholding; employment; relations and Work and Employment Relations Survey (search for similar items in EconPapers)
JEL-codes: J24 J53 L21 L23 M12 M5 (search for similar items in EconPapers)
Date: 2005-09
New Economics Papers: this item is included in nep-bec and nep-hrm
Note: PRO-2
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cbr:cbrwps:wp313

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