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Human Resource Management in South Korea After the Asian Financial Crisis : Emerging Patterns from the Labyrinth

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  • CHRIS ROWLEY
  • JOHNGSEOK BAE

Abstract

The 1997 Asian financial crisis impacted greatly on South Korean society generally and its human resources (HR) and HR management (HRM) specifically. This article examines the context and developments in HRM and locates the relative roles of several theoretical perspectives and the crisis in this situation. Several features of change are detailed. While the crisis undoubtedly had an influence on HRM, other forces were also at work. To allocate the crisis a primes inter pares role amongst these factors can be problematic. This perspective also has relevance for the literature on other factors seen as dramatically changing HRM, including convergence and, more recently, globalization.

Suggested Citation

  • Chris Rowley & Johngseok Bae, 2004. "Human Resource Management in South Korea After the Asian Financial Crisis : Emerging Patterns from the Labyrinth," International Studies of Management & Organization, Taylor & Francis Journals, vol. 34(1), pages 52-82, January.
    • Handle: RePEc:taf:mimoxx:v:34:y:2004:i:1:p:52-82
    DOI: 10.1080/00208825.2004.11043698
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    Cited by:

    1. Daisuke Okamoto, 2011. "Revisiting Japanese Lifetime Employment System: Financial Performance Analysis Using Artificial Neural Networks," Keio/Kyoto Joint Global COE Discussion Paper Series 2011-010, Keio/Kyoto Joint Global COE Program.
    2. Syed Wajeeh-ul-Husnain & Jie Shen & John Benson, 2022. "HRM practices in South Asia: convergence, divergence, and intra-regional differences," Asian Business & Management, Palgrave Macmillan, vol. 21(5), pages 780-801, November.
    3. Dirk Holtbrügge & Alex T. Mohr, 2011. "Subsidiary Interdependencies and International Human Resource Management Practices in German MNCs," Management International Review, Springer, vol. 51(1), pages 93-115, February.
    4. Ko, Young Jin & O'Neill, Hugh & Xie, Xuanli, 2021. "Strategic intent as a contingency of the relationship between external knowledge and firm innovation," Technovation, Elsevier, vol. 104(C).
    5. Chris Rowley & Saaidah Abdul-Rahman, 2007. "The Management of Human Resources in Malaysia: Locally-owned Companies and Multinational Companies," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(4), pages 427-453.
    6. Veselova, A. & Latukha, M. & Veselova, L., 2018. "Talent Management in Asia-Pacific Region: How Not to Lose Global Competition for Talents," Working Papers 15120, Graduate School of Management, St. Petersburg State University.
    7. Froese, Fabian Jintae & Pak, Yong Suhk & Chong, Li Choy, 2008. "Managing the human side of cross-border acquisitions in South Korea," Journal of World Business, Elsevier, vol. 43(1), pages 97-108, January.

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