Context, strategy and financial participation: a comparative analysis
Article
Croucher, R., Brookes, M., Wood, G. and Brewster, C. 2010. Context, strategy and financial participation: a comparative analysis. Human Relations. 63 (6), pp. 835-855. https://doi.org/10.1177/0018726709343654
Type | Article |
---|---|
Title | Context, strategy and financial participation: a comparative analysis |
Authors | Croucher, R., Brookes, M., Wood, G. and Brewster, C. |
Abstract | This article investigates where financial participation is most likely to be encountered, and explores its compatibility with collective forms of employee voice. It is based on the findings of a major international survey of human resource management (HRM) practices. We found that financial participation was not affected by collective employee voice, but that national context and associated HRM strategies had significant effects on its nature and extent. As financial participation is likely to make for greater variation in wage rates, it tends to weaken industry-level bargaining. By re-casting the fundamental determinants of wages, it is also likely to facilitate greater wage dispersion within the firm. Hence, it was found that financial participation is more commonly encountered in liberal market contexts, and in firms practising calculative HRM, where countervailing employee power is weak, whether or not collective bargaining is formally present. |
Keywords | Comparative and cross-cultural human resource management, finance, industrial relations, participation and workplace democracy, trade unions. |
Research Group | Employment Relations group |
Publisher | Sage |
Journal | Human Relations |
ISSN | 0018-7267 |
Publication dates | |
Jun 2010 | |
Publication process dates | |
Deposited | 11 Mar 2010 |
Output status | Published |
Publisher's version | |
Digital Object Identifier (DOI) | https://doi.org/10.1177/0018726709343654 |
Language | English |
https://repository.mdx.ac.uk/item/82597
Download files
26
total views12
total downloads0
views this month0
downloads this month