Flexibility in HRM and foreign direct investment: Do international investors self-select?

International Journal of Human Resource Management

Volumn 19, Issue 2, 2008, Pages 314-329

  Pull, Kerstin ^a  

^a UNIVERSITY OF TÜBINGEN   (Germany)

Author keywords

Cross national location decisions; Heterogeneity; HR flexibility; Labour regulations; Multinationals; Real options

Indexed keywords

EID: 39749108706     PISSN: 09585192     EISSN: 14664399     Source Type: Journal    
DOI: 10.1080/09585190701799887     Document Type: Article

References (50)

1. Amram, M. and Kulatilaka, N. (1999) Real Options: Managing Strategic Investment in an Uncertain World, Harvard Business School Press, Boston, MA
2. Bell, D. N. F. and Hart, R. A. (2003) Wages, Hours, and Overtime Premia: Evidence from the British Labour Market. Industrial and Labour Relations Review, 56:3, pp. 470-480.
3. Berg, P., Appelbaum, E., Bailey, T. and Kalleberg, A. (2004) Contesting Time: International Comparisons of Employee Control of Working Time. Industrial and Labour Relations Review, 57:3, pp. 331-349.
4. Bognanno, M. F., Keane, M. P. and Yang, D. (2005) The Influence of Wages and Industrial Relations Environments on the Production Location Decisions of U.S. Multinational Corporations. Industrial and Labour Relations Review, 58:2, pp. 171-200.
5. Buckley, P. J. and Casson, M. C. (1998) Models of the Multinational Enterprise. Journal of International Business Studies, 29, pp. 21-44.
6. Cabral, L. (1995) Sunk Costs, Firm Size and Firm Growth. The Journal of Industrial Economics, 43:2, pp. 161-172.
7. Cappelli, P. and Neumark, D. (2004) External Churning and Internal Flexibility: Evidence on the Functional Flexibility and Core-periphery Hypotheses. Industrial Relations, 43:1, pp. 148-182.
8. Carlsson, B. (1989) Flexibility and the Theory of the Firm. International Journal of Industrial Organization, 7:2, pp. 179-203.
9. Carr, C. (1992) Productivity and Skills in Vehicle Component Manufacturers in Britain, Germany, the USA and Japan. National Institute Economic Review, 139, pp. 79-87.
10. Casper, St. and Whitley, R. (2002) Managing Competences in Entrepreneurial Technology Firms: A Comparative Institutional Analysis of Germany, Sweden and the UK. Working Paper 230, ESRC Centre for Business Research, University of Cambridge, Cambridge
11. Chung, W. and Alcácer, J. (2002) Knowledge Seeking and Location Choice of Foreign Direct Investments in the United States. Management Science, 48:2, pp. 1534-1554.
12. Cooke, W. N. (1997) The Influence of Industrial Relations Factors on US Foreign Direct Investment Abroad. Industrial and Labour Relations Review, 51:1, pp. 3-17.
13. Cooke, W. N. (2001) The Effects of Labour Costs and Workplace Constraints on Foreign Direct Investment among Highly Industrialized Countries. International Journal of Human Resource Management, 12:5, pp. 697-716.
14. Cooke, W. N. and Noble, D. S. (1998) Industrial Relations Systems and US Foreign Direct Investment Abroad. British Journal of Industrial Relations, 36:4, pp. 581-609.
15. Coughlin, C. C., Terza, J. V. and Arromdee, V. (1991) State Characteristics and the Location of Foreign Direct Investment within the United States. Review of Economics and Statistics, 73:4, pp. 675-683.
16. Dewit, G., Görg, H. and Montagna, C. (2003) Should I Stay or Should I Go? A Note on Employment Protection, Domestic Anchorage, and FDI. Discussion Paper No. 845, Institute for the Study of Labour, Bonn, Germany
17. Driffield, N. and Munday, M. (2000) Industrial Performance, Agglomeration, and Foreign Manufacturing Investment in the UK. Journal of International Business Studies, 31:1, pp. 21-37.
18. Finegold, D. and Wagner, K. (2002) Are Apprenticeships Still Relevant in the 21st Century? A Case Study of Changing Youth Training Arrangements in German Banks. Industrial and Labour Relations Review, 55:4, pp. 667-685.
19. Ford, S. and Strange, R. (1999) Where do Japanese Manufacturing Firms Invest within Europe, and Why?. Transnational Corporations, 8, pp. 117-142.
20. Freeman, R. B. and Medoff, J. L. (1984) What Do Unions Do?, Basic Books, New York
21. Friedman, J., Gerlowski, D. A. and Silberman, J. (1992) What Attracts Foreign Multinational Corporations? Evidence from Branch Plant Location in the United States. Journal of Regional Science, 32:4, pp. 403-418.
22. Görg, H. (2005) Fancy a Stay at the 'Hotel California'? The Role of Easy Entry and Exit for FDI. Kyklos, 54:4, pp. 519-535.
23. Haaland, J. and Wooton, I. (2002) Multinational Investment, Industry Risk and policy Competition. CEPR Discussion Paper No. 3152, London
24. Haaland, J., Wooton, I. and Faggio, G. (2003) Multinational Firms: Easy Come, Easy Go?. FinanzArchiv, 59:1, pp. 3-26.
25. Henisz, W. J. and Macher, J. T. (2004) Firm- and Country-Level Tradeoffs and Contingencies in the Evaluation of Foreign Investment: The Semiconductor Industry, 1994-2002. Organization Sciences, 15:5, pp. 537-554.
26. Jarvis, V. and Prais, S. J. (1997) The Quality of Manufactured Products in Britain and Germany. International Review of Applied Economics, 11:3, pp. 421-438.
27. Javorcik, B. S. and Spatareanu, M. (2004) Do Foreign Investors Care About Labour Market Regulations?. Policy Research Working Paper, 3275
28. Kehoe, J. (1995) Basic Item Analysis for Multiple-Choice Tests. Practical Assessment, Research & Evaluation, 4, p. 10.
29. Lane, C. (1992) European Business Systems: Britain and Germany Compared. European Business Systems, pp. 64-97. Sage, London
30. Lehrer, M. and Darbishire, O. (1997) The Performance of Economic Institutions in a Dynamic Environment: Air Transport and Telecommunications in Germany and Britain. Discussion Paper, p. FS I 97.
31. Leppard, J. and Fitzgerald, D. (1997) The Transfer of Culturally-grounded Management Techniques: The Case of Business Reengineering in Germany. European Management Journal, 15:4, pp. 446-460.
32. Mason, G. and Wagner, K. (1994) Innovation and the Skill Mix: Chemicals and Engineering in Britain and Germany. National Institute Economic Review, 148, pp. 61-72.
33. Michie, J. and Sheehan-Quinn, M. (2004) Labour Market Flexibility, Human Resource Management and Corporate Performance. British Journal of Management, 12:4, pp. 287-306.
34. Milgrom, P. and Roberts, J. (1995) Complementarities and Fit: Strategy, Structure and Organisational Change in Modern Manufacturing. Journal of Accounting and Economics, 19:23, pp. 179-208.
35. Moretto, M. and Valbonesi, P. (1999) Foreign Direct Investment, Policy Uncertainty and Irreversibility: An Option Pricing Approach. International Review of Economics and Business (RISEC), 46, pp. 653-675.
36. OECD (2004) Employment Protection Regulation and Labour Market Performance. OECD Employment Outlook, pp. 62-123.
37. O'Mahony, M. (1995) International Differences in Manufacturing Unit Labour Costs. National Institute Economic Review, 154, pp. 85-110.
38. Oulton, N. (1994) Labour Productivity and Unit Labour Costs in Manufacturing: The UK and its Competitors. National Institute Economic Review, 148, pp. 49-60.
39. Raines, P., Döhrn, R., Brown, R. and Scheuer, M. (1999) Labour Market Flexibility and Inward Investment in Germany and the UK, Anglo-German Foundation for the Study of Industrial Society, London
40. Ross, P., Bamber, G. J. and Whitehouse, G. (1998) Appendix: Employment, Economics and Industrial Relations: Comparative Statistics. International and Comparative Employment Relations, pp. 328-366. Sage, London
41. Rönnmar, M. (2004) The Managerial Prerogative and the Employee's Duty to Work: A Comparative Study of Functional Flexibility in Working Life. International Journal of Human Resource Management, 15:3, pp. 451-458.
42. (2005) Real Options and International Investment. The International Library of Critical Writings in Economics 190, Elgar, Cheltenham
43. Shaver, J. M. and Flyer, F. (2000) Agglomeration Economies, Firm Heterogeneity, and Foreign Direct Investment in the United States. Strategic Management Journal, 21:12, pp. 1175-1193.
44. Streiner, D. L. (2003) Starting at the Beginning: An Introduction to Coefficient Alpha and Internal Consistency. Journal of Personality Assessment, 80:1, pp. 99-103.
45. Sureth, C. (2002) Partially Irreversible Investment Decisions and Taxation under Uncertainty: A Real Option Approach. German Economic Review, 3, pp. 185-331.
46. Traxler, F. and Woitech, B. (2000) Transnational Investment and National Labour Market Regimes: A Case of 'Regime Shopping'?. European Journal of Industrial Relations, 6:2, pp. 141-159.
47. Trigeorgis, L. (1999) Real Options: A Primer. The New Investment Theory of Real Options and its Implication for Telecommunications Economics, pp. 3-33. Kluwer, Boston, MA
48. Tsui, A. S., Pearce, J. L., Porter, L. W. and Hite, J. (1995) Choice of Employee - Organization Relationship: Influence of External and Internal Organization Factors. Research in Personnel and Human Resources Management, 13, pp. 117-151.
49. Wallace, T. (2000) Societal Effects Meet Sectoral Effects: Work Organization Competencies and Payment Systems in the Volvo Commercial Vehicle Division. International Journal of Human Resource Management, 11:4, pp. 714-735.
50. Zeckhauser, R. J. and Pound, J. (1990) Are Large Shareholders Effective Monitors?. Asymmetric Information, Corporate Finance, and Investment, pp. 149-180. University of Chicago Press, Chicago, IL