Articles

Line management and Rewards in China’s knowledge intensive industries

Managers play a significant role in the adoption, modification, and even discontinuation of pay for performance. However, there has been no existing literature on the contributions of line managers to pay for performance practices in the Chinese context. This paper explores line managers' perception of pay for performance and the key supports and barriers to their involvement in pay for performance design and implementation. A multi-case study approach was conducted in 12 non-public sector knowledge intensive firms, aligned with semi-structured interviews with HR and line managers. The findings show that project intensification could be an important factor that impacted on line managers' understanding and responsibility in pay for performance.

Updated: 06/05/2013
Comments: 3
Views: 2,394

Early Warning Systems – Building Human Capital Risk Assessment Capabilities in Financial Regulators

Author(s):

Chris Rowley

 et al.

Following the devastating Boxing Day Tsunami of 2004, steps were taken to coordinate an Indian Ocean tsunami early warning system. These early warning systems have been triggered several times since their implementation, and consequently damage has been minimised and averted. This paper identifies the need for equally robust early warning systems for financial markets.

Updated: 06/12/2012
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Views: 904

Why managing a successful pension scheme is a bit like managing a successful football team.

What are the similarities between a defined benefit pension plan and a football team? On the face of it there may not seem to be many. After all, the football world is populated by overpaid, badly behaved, play acting prima donnas. A far cry from the sober and serious world of defined benefit pensions, where trustees devote huge amounts of their time in the interests of others, for little of no financial reward. However, Professor Andrew Clare draws some interesting analogies between the two.

Updated: 05/12/2012
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Views: 1,018

How much core-business knowledge should our leaders have?

One of the great, unanswered questions in business is how much a leader needs hands-on, nuts-and-bolts knowledge of the core business. Who would most likely lead the company to success - the technical expert or the polished generalist? This research examines how much genuine expertise is an advantage in the succsesful running of a business, and how simply being a capable manager may not be sufficient.

Updated: 29/04/2013
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Views: 1,137

Unions, joint regulation and workplace equality policy and practice in Britain: evidence from the 2004 Workplace Employment Relations Survey

The impact of trade unions on discrimination and labour market inequality has been a matter of public concern for many years. Recently, however, observers have suggested that unions have increasingly sought to prioritise equality matters. There is a growing expectation, for example, that they will actively bargain over equality and encourage employers to adopt equality practices in order to protect workers from discrimination. Hence, unions may now have a central role to play in advancing the equality agenda and ultimately helping promote a more inclusive society. This article provides an empirical assessment of the relationship between unionisation and the adoption of equal opportunities policies and practices in British workplaces, using data from the 2004 Workplace Employment Relations Survey.

Updated: 30/11/2012
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Views: 1,018

Founders, Private Equity Investors and Underpricing in Entrepreneurial Initial Public Offerings


One of the most important events in the life of an entrepreneurial firm is when it undergoes an Initial Public Offering (IPO). Underpricing of the stock at the IPO is the difference between the initial price at which a firm's stock is offered and the closing price of the stock on the first day of trading. It is a major concern to the entrepreneur and firm since it represents value the market ultimately sees in the stock but which the firm/entrepreneur did not obtain when the stock was first offered for sale. This paper examines IPO underpricing in a sample of UK entrepreneurial IPOs where founders retain a significant ownership stake.

Updated: 27/11/2012
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Views: 846

The Impact of Private Equity on Management Practices in European Buyouts: Short-termism and Anglo American Effects

Author(s):

Nicolas Bacon

 et al.

Private equity firms are accused of increasing the short-term performance of buyouts by reducing investments in human capital. To explore this issue, this paper presents findings from the first representative pan-European survey of managers' perceptions of the impact of private equity on management practices in buyouts. Managers report that private equity investment results in an overall increase in high performance work practices (HPWPs), and the increase is greater where private equity firms anticipate a late exit. Anglo-American private equity buyouts are just as likely to introduce new HPWPs as non-Anglo-American private equity backed buyouts, and also extend financial incentives to cover a greater proportion of employees.

Updated: 23/11/2012
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Views: 1,066

Causes and Consequence of Types of Anti-Trade Unionism: The Example of South Korea

Author(s):

Chris Rowley

 et al.

This article details the history of trade unions in Korea from their incipient appearances in the 19th century, their underground development in opposition to Japanese colonisation in the early part of the 20th century, their activities post-Korean war, their current status and the development of anti-unionism over time.

This research follows on from our earlier preliminary piece ('Waxing and waning of waves of anti-unionism in South Korea') on Cass Knowledge

Updated: 21/11/2012
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Views: 1,275

How can Public Services be improved from a HR perspective? When Meaning matters most.

Author(s):

Chris Rowley

 et al.


Every organisation succeeds by delivering value to its key stakeholders. For public agencies, value occurs when citizens receive meaningful services, when policy makers wisely allocate scarce resources to societal demands, when communities have sustainability, and when society norms help individuals prosper. For any organisation to deliver value to stakeholders, it must align internal practices to external demands. We know, for example, that employee attitude inside a company is strongly correlated with customer, investor and community attitudes outside a company.

Human Resources (HR) can help public agencies deliver this value by creating meaning. When we find meaning in the organisations where we work, that personal meaning transfers to value to those we serve. In the public sector, meaning comes when public servants use their strengths to strengthen those they serve.

Updated: 16/11/2012
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Views: 2,384