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Financialization, Globalization and the Management of Skilled Employees: Towards a Market-Based HRM Model in Large Corporations in France

Author

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  • Corinne Vercher-Chaptal

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

  • Florence Palpacuer

    (MRM - Montpellier Research in Management - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School)

Abstract

The article analyses the transformation of HRM policies for skilled employees in large corporations in France over the last decade in relation to changes occurring in governance patterns and competitive strategies. First, we highlight a shift towards globalization and financialization in the strategic management of large corporations in France, entailed by the diffusion of a shareholder form of capitalism in that country. Second, we characterize the market-based HRM model applied to skilled employees under these new strategic orientations and the diversity of ways in which these transformations are perceived depending on employees' age and level of responsibility within the firm.

Suggested Citation

  • Corinne Vercher-Chaptal & Florence Palpacuer, 2011. "Financialization, Globalization and the Management of Skilled Employees: Towards a Market-Based HRM Model in Large Corporations in France," Post-Print hal-01387507, HAL.
    • Handle: RePEc:hal:journl:hal-01387507
    DOI: 10.1111/j.1467-8543.2010.00785.x
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    References listed on IDEAS

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    Cited by:

    1. Gouzoulis, Giorgos & Constantine, Collin, 2020. "The Political Economy of Inequality in Chile and Mexico: Two Tales of Neoliberalism," SocArXiv gruzp, Center for Open Science.
    2. repec:dau:papers:123456789/14570 is not listed on IDEAS
    3. Coralie Perez, 2011. "Organisational change and job separation in France : endure or escape ?," Post-Print halshs-00654195, HAL.
    4. Giorgos Gouzoulis, 2022. "Financialisation, globalisation, and the industrial labour share: A comparison between Iran and Thailand," Industrial Relations Journal, Wiley Blackwell, vol. 53(1), pages 35-52, January.
    5. Giorgos Gouzoulis & Panagiotis (Takis) Iliopoulos & Giorgos Galanis, 2023. "Financialization and the rise of atypical work," British Journal of Industrial Relations, London School of Economics, vol. 61(1), pages 24-45, March.
    6. Nihel Chabrak & Russell Craig & Nabyla Daidj, 2016. "Financialization and the Employee Suicide Crisis at France Telecom," Journal of Business Ethics, Springer, vol. 139(3), pages 501-515, December.
    7. Giorgos Gouzoulis & Collin Constantine, 2020. "The Political Economy of Inequality in Chile and Mexico: Two Tales of Neoliberalism," Working Papers 235, Department of Economics, SOAS University of London, UK.
    8. Engelbert Stockhammer, 2017. "Determinants of the Wage Share: A Panel Analysis of Advanced and Developing Economies," British Journal of Industrial Relations, London School of Economics, vol. 55(1), pages 3-33, March.
    9. Catherine Bodet & Thomas Lamarche, 2013. "La RSE contribue-t-elle au développement durable ?," Working Papers halshs-00912728, HAL.
    10. Giorgos Gouzoulis, 2021. "Finance, Discipline and the Labour Share in the Long‐Run: France (1911–2010) and Sweden (1891–2000)," British Journal of Industrial Relations, London School of Economics, vol. 59(2), pages 568-594, June.
    11. Ryszard Kata & Justyna Chmiel, 2020. "Financialisation Level of Non-Financial Enterprises in European Union Countries: A Comparative Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 378-398.
    12. Clare Jane M. Burns & Luke Houghton & Heather Stewart, 2020. "Sustainability – A key to Australian finance directors improving their organisation's CSR culture," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 1164-1176, March.

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