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Internal Labor Markets Under External Market Pressures

Bibliographic Data

ID3459306
AuthorsJeong Yeon Lee (0000-0002-2622-7831, University of Kansas, corresponding author), Jeong-Yeon Lee (0000-0002-5670-8353, Jeong-Yeon Lee is Associate Professor at the University of Kansas, School of Business.)
Year2015
Volume68
Issue2
Pages338-371
Publication date2015-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueIndustrial and Labor Relations Review (JOURNAL)
Journal identifiersISSN: 0019-7939 • E-ISSN: 2162-271X
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0019793914564964
OpenAlexW2149177129
LanguageEN
Citations received2
References cited53

Through an empirical investigation of 11 Korean firms before and after the Asian financial crisis, the author examines the impact of increasing external market pressures on internal labor market (ILM) practices. In addition, the merits of ILMs are tested by capturing the reactions of white-collar managers within these firms. The author posits that 1) firms may desert ILM practices in the face of external pressures but do so in varying degrees, and 2) despite reduced values placed on firm-specific human capital in the marketplace, ILM practices continue to have merit in promoting consummate cooperation and delaying perfunctory cooperation. The findings generally support the hypotheses, and implications of these results for theory and practice are discussed

Business · Economics · Empirical research · Face (sociological concept · Human capital · Labour economics · Market economy · Sociology · Corporate Finance and Governance · Family Business Performance and Succession · Labor Movements and Unions

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Unique citing works2
Citations per year0,67
Citation span2023 - 2024 (2)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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