South Korean MNEs’ international HRM approach: Hybridization of global standards and local practices
Chul Chung,
Paul Sparrow and
Ödül Bozkurt
Journal of World Business, 2014, vol. 49, issue 4, 549-559
Abstract:
This paper analyses the international Human Resource Management (HRM) approaches of Korean Multinational Enterprises (MNEs). Through a study of nine major Korean MNEs’ approaches to subsidiary-HRM, it is argued that the firms pursue hybridization through a blending of localization and global standardization across detailed elements in five broad HRM practice areas. Local discretion is allowed if not counter to global HRM system requirements and “global best practices” used as the template for global standardization of selected HRM elements. This strategic orientation appears to be part of a deliberate response to the “liabilities of origin” born by firms from non-dominant economies.
Keywords: International human resource management; Korean Multinational Enterprises (MNEs); Hybridization; Liability of origin (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:49:y:2014:i:4:p:549-559
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DOI: 10.1016/j.jwb.2013.12.008
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