Ownership Structure of the Organisation as a Determinant of Human Resource Management in the Context of Transition Countries
Journal Title: Acta Economica - Year 2017, Vol 15, Issue 26
Abstract
Transition period of the post-socialist countries and opening of their markets have led to the positive shift in understanding the role of employees in organizations and the importance of proper management of this specific resource. An important factor in spreading modern principles of human resource management in transition countries is the arrival of foreign companies on their market. In that context, this paper focuses on the relationship between the ownership structure of the organisation and the level of development of the core activities of human resource management. The subject of the empirical research was companies which operate on the territory of the Republic of Srpska, and employ more than 200 employees. Empirical data were collected by using questionnaire, and some of them were generated from the official websites of the observed companies. Testing of hypothesis was performed with the Analysis of Variance. The research results show that in the foreign-owned companies there is a statistically significant difference in the level of development of human resources management, compared to the state-owned and national private companies. On the other hand, among foreign-owned companies, which differ in the country of origin of the majority owner and the number of years in business in the domestic (BiH/RS) market, there is no statistically significant difference in the level of development of basic activities of human resource management.
Authors and Affiliations
Branka Zolak Poljašević, Gordana Ilić, Darko Milunović
HOW ARE DIFFERENT CAPITALIST SYSTEMS COPING WITH THE CURRENT ECONOMIC CRISIS?
With the fall of socialist economies, the distinct line between capitalist and socialist economic systems disappeared. Hence contemporary authors speak of "new comparative economics" that studies alternative models of ca...
THE GLOBAL CRISIS AND BOSNIA AND HERZEGOVINA
The financial crisis brought about by the break down of the USA mortgage market has affected almost all economies of the world. Its consequences are very severe: they include bankruptcies of major investment banks, great...
FOREIGN INVESTMENTS POLICY WITH SPECIAL ATTENTION TO BOSNIA AND HERZEGOVINA
International economic relations depend on political relations between the states. They are mutually conditioned and related. Every country, aiming at development of its industry, will strive to maintain good or at least...
Characteristics and perspectives of development of BiH and Republic of Srpska
This article begins with an anlysis of development difficulties of BiH economy and economy of Republic Srpska. Afterwards the actual quantitative and qualitative characteristics of the economy in question were elabora...
Moral hazard in the banking sector of Republika Srpska
Many previous crisis in the banking sector showed that moral hazard is often one of the main causes of such crises. Failure of two banks in Republika Srpska in a very short period of time gave rise to this study to deter...