HRM in emergent market economies: evidence and implications from Europe (original) (raw)

2011, Human Resource Management Journal

AI-generated Abstract

The paper discusses the HRM challenges faced by multinational corporations (MNCs) in transitional southern, eastern, and central European economies, highlighting the complexity of economic integration in these emerging markets. It critiques existing literature on comparative capitalism for its limited focus on national settings and the dynamics of peripheral capitalism. The authors argue for a better understanding of informal networks and relationship conceptualizations of institutions, while also exploring the impact of employment regulations on foreign direct investment (FDI) in the region, ultimately questioning the deterrent effect of labour rights on investment decisions.