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The impact of business ownership change on employee relations: buy-outs in the UK and The Netherlands.
- Source :
- International Journal of Human Resource Management; Mar2005, Vol. 16 Issue 3, p345-365, 21p, 4 Charts
- Publication Year :
- 2005
-
Abstract
- A buy-out is a fundamental change in the structure of ownership that may affect the way employee relations develop within an organization. Little is known about the impact of buy-outs upon employee relations. This paper aims to address this gap. We focus on two main questions. First, what are the effects of a buy-out on employee relations in an organization? Second, does the national institutional context affect the impact of buy-outs on employee relations? The paper reports changes to employee relations in buy-outs in the contrasting institutional environments of the UK and the Netherlands. Overall, we find that buy-outs positively affect HR practices with increases in training, employee involvement, the number of employees and pay levels. The positive effects appear to be significantly stronger in a less institutionalized environment like the UK than in the more institutionalized environment of the Netherlands. Buy-outs raised HRM practices in the UK to a level closer to, although still below, that of Dutch buy-outs. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09585192
- Volume :
- 16
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- International Journal of Human Resource Management
- Publication Type :
- Academic Journal
- Accession number :
- 16606680
- Full Text :
- https://doi.org/10.1080/0958519042000339543