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Partnership, ownership and control: the impact of corporate governance on employment relations

Deakin, S. and Hobbs, R. and Konzelmann, Suzanne J. and Wilkinson, F. (2002) Partnership, ownership and control: the impact of corporate governance on employment relations. Employee Relations 24 (3), pp. 335-352. ISSN 0142-5455.

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Official URL: http://dx.doi.org/10.1108/01425450210428480

Abstract

Prevailing patterns of dispersed share ownership and rules of corporate governance for UK listed companies appear to constrain the ability of managers to make credible, long-term commitments to employees of the kind needed to foster effective labour-management partnerships. We present case study evidence which suggests that such partnerships can nevertheless emerge where product market conditions and the regulatory environment favour a stakeholder orientation. Proactive and mature partnerships may also be sustained where the board takes a strategic approach to mediating between the claims of different stakeholder groups, institutional investors are prepared to take a long-term view of their holdings, and strong and independent trade unions are in a position to facilitate organisational change.

Item Type: Article
Keyword(s) / Subject(s): labour-management partnerships, corporate governance, takeovers, human resource management, employee relations, mergers and acquisitions, partnering
School or Research Centre: Birkbeck Schools and Research Centres > School of Business, Economics & Informatics > Management
Depositing User: Sandra Plummer
Date Deposited: 24 Jan 2006
Last Modified: 17 Apr 2013 12:32
URI: http://eprints.bbk.ac.uk/id/eprint/304

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