Talent Management (TM), as a new managerial concept with regard to Human Resource Management (HRM), has increasingly gained concern and attention from the academic as well as business world, but there are many gaps and omissions left for further theoretical development and empirical study. Hence, understanding the differences between TM and HRM becomes necessary. Given an absence of clarity in the literature, the aim of the present study is to gain a thorough understanding of TM among Multinational Corporations (MNCs) in Beijing, to explore to what extent this managerial idea represents anything new, and to find out why organisations adopt TM. A case study method was selected as the main research methodology. The study was undertaken in Beijing, and the target companies were limited to four MNCs, respectively from the IT (two organisations), health care and education industries, and three consultancy companies. The theoretical perspective largely draws upon the literature on TM, management fashion and institutional theory. Findings show that the topic of TM has been enthusiastically pursued. However, there is not a single concise definition shared by all the case study organisations, even though different strands of understanding regarding TM are explored in this study. The thesis has also explored what is distinctive about TM, and the factors and purposes influencing the adoption of TM in China. Through comparing HRM with literature and empirical findings relating to TM, this thesis has found that TM seems to presage some new approaches to the management of the people resource in organisations, rather than a simple repackaging of old techniques and ideas with a new label. Meanwhile, this thesis strongly challenges the idea that TM is another struggle by HR professionals to enhance their legitimacy, status and credibility. Therefore, TM should not be considered as ‘old wine in new bottles’, at least with respect to the case of MNCs in China.

International Human Resource Management (IHRM) plays a significant role in Multinational Corporation (MNC) management and governance, particularly when such organizations transfer policies and practices from their headquarters to subsidiaries overseas. However, there is some scepticism concerning the balance and coherence in the relationship between standardized systems set in MNC headquarters and the adapted practices in their subsidiaries. This may become evident when considering the factors that influence the design, conduct and related effectiveness of human resource practices such as performance management. This research explores the extent to which transferability of a model for performance management, initially based on western practice, is possible from China to Africa, taking into account the required adaptation of its specific Chinese characteristics to specific African conditions. It concludes that performance management can make an important and long-lasting contribution to Chinese MNCs in Africa and raise their competitiveness and efficiency, although significant challenges remain. In the exploration of the design and implementation of this HR practice in the headquarters and subsidiary contexts, the study evaluates the methods incorporated in performance management systems for their effective transfer and examines the key factors which concern stakeholders, including employee engagement, intercultural communication and sustainable impacts within a development context. The research develops an analytical framework for taking into account the context, the influential factors and the effectiveness criteria of performance management systems in Chinese MNCs when their IHRM practices are transferred into different contexts, with specific reference to an Africa case study context. The study establishes that in the contexts considered the benefits of standardized HR practices, such as performance management, may be gained most fully for both headquarters and subsidiary when these practices are set within a win-win frame for both parts of the organisation. One which is characterised by an appropriate balance of standardisation and adaptability.

Contemporary studies in international management field conceptualize subsidiaries as semi-autonomous entities. By involving in entrepreneurial undertakings and strategic activities, subsidiaries could contribute strategic value to parent multinational corporation (MNC). Distinguishing from previous researches derived from entrepreneurship theory and done by Birkinshaw and his colleagues, this study incorporated human capital theory and knowledge-based view (KBV) to fulfill the existing research gap and enlarged our understanding of subsidiary entrepreneurship. This research proposed two models to unlock and testify the underexplored phenomenon of subsidiary entrepreneurship. In the first model, this research incorporated human capital management in MNCs context and testified that not merely top management team (TMT) entrepreneurial leadership and subsidiary entrepreneurial culture were critical antecedents of subsidiary¡¦s strategic initiative, but the human resource management (HRM) practices of subsidiary talent management played an important mediator to generate the entrepreneurial system. In the second model, this study demonstrated the cross-field integration and synthesis of entrepreneurial literatures, human capital theory and knowledge-based view and expressed a more comprehensive illustration of strategic entrepreneurship. This study certified that absorptive capacity could facilitate subsidiary¡¦s entrepreneurial culture and further enhance subsidiary¡¦s strategic initiative. Moreover, subsidiary¡¦s practices of talent management could facilitate its absorptive capacity and further contribute to subsidiary¡¦s strategic outputs. By analyzing the empirical data collected from 202 MNCs¡¦ foreign subsidiaries in Asian area, this study testified that the subsidiaries which could contribute strategic value creation for parent MNCs should equip multilayer of initiative-takings: the local distinctive capability, market initiative and knowledge outflow. Furthermore, the HRM practices of talent management in subsidiary played critical mediating role on both the development of organizational capability, improvement of absorptive capacity and the enhancement of subsidiary strategic initiative. TMT entrepreneurial leadership was the core engine which could activate subsidiary¡¦s mechanisms to facilitate the activities of strategic value creations.

Two literatures exist concerning cross-border merger activity's impact on domestic wages: one focusing on positive spillover-effects; the other focusing on negative bargaining-effects. Motivated by scarce theoretical scholarship spanning these literatures, we nest both mechanisms in a single conceptual framework. Considering the separate phenomena of inward and outward cross-border merger activity, our theoretical model generates three formal propositions: cross-border mergers can lead to wage increases via positive spillover-effects; and negative bargaining-effects are relatively more dominant when union market power is high, and when merging firms exhibit relatedness. Employing US firm-level panel data on wages combined with industry-level data on unionization and merger activity (covering 1989-2001), we find support for our propositions as inward and outward cross-border merger activity generate positive spillovers to wages, but are more likely to generate firm-level wage decreases when unionization rates are high and when cross-border merger activity is characterized as horizontal. Accordingly, future research on how cross-border mergers affect domestic wages should be mindful that both spillover and bargaining effects are at play, and that the degree of union market-power and the relatedness of cross-border merger activity are critical in determining which effect dominates. (authors' abstract)

Foreign direct investment (FDI) is a source that improves the competiveness of the host country which can be further utilised to develop the country’s own resources and capabilities. In addition, non-affiliated local firms that do not have a foreign partner improve their performance due to the spillover effects gained either through the sharing of resources, learnings or due to the increase in competition. As such, FDI is seen as an important economic growth driver in developing economies since these economies struggle to compete in the global economy.The objective of this research is to determine whether foreign ownership in a developing economy is beneficial in terms of national competiveness; reducing the income gaps; improving employment opportunities; improving the financial performance of an acquired local firm and if the foreign parent introduces new technologies into the economy. Due to the mining- and manufacturing sector being the main recipients of FDI in South Africa and both having similar operations specifically being high capital and labour intensive, these sectors were chosen for the purpose of this research. The data sample was analysed using multiple regression as it is a flexible method of data analysis that may be appropriate whenever a quantitative dependent variable needs to be examined to find a relationship with two or more independent or explanatory variables.The results indicate significant benefits for the host economy in attracting FDI into the country. The benefits seemingly outweigh the costs and the presence of Multinational Corporations (MNCs) in South Africa will help it in elevating some of the socio-economic challengers like high unemployment rate and the shortage of skills through resource sharing with the MNCs. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

No / This article examines the employment practices of McDonald's and other US-owned multinational corporations (MNCs) in the global fast-food industry from the 1970s to date. It focuses on the impact that different host institutions have had on pay and working conditions in different countries in the industry. The author argues that US fast-food MNCs still adopt the underlying principles of their US practices, even if the practices themselves could not be imposed in their entirety, often keeping unions out of workplaces and preserving their management prerogative, even when sector-level collective agreements have been imposed, and often limiting the impact of such agreements. Whilst some improvements have been achieved in some countries, adequate representation remains a serious problem, with many employees experiencing low pay, inadequate hours, insecure work, unpaid hours and sometimes hazardous and intimidating working conditions. The theoretical effect of host-country influences cannot therefore be automatically assumed; rather, the variations that arise across countries, while indicating national diversity, also emphasize variation within national systems and a limited form of convergence or ‘low-road Americanization’ in this sector.

This thesis investigates the dynamics of knowledge transfer between cultures within multinational firms, with a particular emphasis on subsidiaries located in Sweden and Romania. This study investigates how subsidiaries adjust corporate knowledge to fit local cultural contexts through semi-structured interviews with participants from a range of sectors. It also looks at the wider effects of these changes on organizational knowledge transfer processes. The research methodology used is qualitative research.   The data indicates that local cultural and regulatory variations have an impact on knowledge transfer tactics. Different techniques to integrating and adjusting corporate knowledge are shown by companies in Sweden and Romania, which reflect different operational and cultural contexts. The results show how subsidiaries improve their strategic positioning and operational efficacy within the multinational framework by utilizing both local and global advantages.   The study's methodology involves using thematic analysis to analyze the gathered interview data in order to provide a deeper understanding of the mechanisms underlying cross-cultural knowledge transfer. The main results suggest that the effectiveness of knowledge transfer is heavily dependent upon the ability to navigate and incorporate local cultural characteristics alongside international standards.   By offering empirical insights into the difficulties and methods of knowledge transfer within Eastern European contexts, which are less studied than those in the West, this study adds to the body of literature already in existence. Additionally, it has useful ramifications for global firms looking to maximize knowledge management in various cultural contexts.

77 leaves single side printed, preliminary pages i-v and numbered pages 1-72. Includes bibliography. / Thesis (MPhil (Sustainable Development Planning and Management))--University of Stellenbosch, 2007. / ENGLISH ABSTRACT: This thesis explores how to bring about change through innovation by using current power structures to move towards a more sustainable society. The type of change we are concerned with is the transformation from social structures, economic systems and institutions which diminish natural resources; to systems of production, institutions and social structures which affirm and interact productively with living systems, assuring their own sustainability. This change cannot be limited to address the social, environmental and economic consequences of the current system but should redefine the basic principles of society’s design and operation. One of the key actors in the current system are Multinational Corporations (MNCs) which have the capacity to mobilize natural resources, labour, and financial capital at a global scale. It is defined that to contribute proactively towards sustainability, the role of the corporation is to innovate in its core business, creating products and services that help to solve the current un-sustainability patterns of society. However, how effective are targeted innovation platforms within MNC’s in designing and implementing meaningful innovations for sustainability? How meaningful are these innovation efforts in terms of the broader CSR strategy of the company and its sustainability performance? What can we learn from business innovation platforms in terms of organization and entrepreneurship for sustainability? In order to answer these questions an action research method was used in which I reflect on my own experience of using the innovation platform from the Royal Dutch Shell Group (Shell) to develop sustainability innovations. Within this perspective, the notion of Corporate Social Responsibility (CSR) is re-visited to highlight its potential to hinder or facilitate this process. / AFRIKAANSE OPSOMMING:Hierdie tesis ondersoek hoe verandering met innovasie te weeg gebring kan word deur gebruikmaking van huidige magstrukture om sodoende te beweeg na ’n meer volhoubare gemeenskap. Die verandering waarmee ons gemoeid is, is die transformasie van sosiale strukture, ekonomiese stelsels en instansies - wat natuurlike hulpbronne verminder - na stelsels van produksie, asook instellings en sosiale strukture wat regstel en produktief wisselwerk met lewenskragtige stelsels om sodoende hulle eie volhoubaarheid te verseker. Hierdie verandering kan geensins beperk word om die sosiale, omgewings en ekonomiese gevolge van die huidige stelsel aan te spreek nie, maar behoort die basiese beginsels van die gemeenskap se ontwerp en optrede te herdefinieer. Een van die sleutelspelers in die huidige stelsel is die Multinasionale Korporasies (‘MNCs’) wat oor die vermoë beskik om natuurlike hulpbronne, arbeid en geldelike kapitaal op globale skaal te mobiliseer. Om pro-aktief tot volhoubaarheid by te dra, moet die rol van die korporasie – volgens definisie – van so ’n aard wees dat hy in sy kern-sakebedrywighede innoverend optree om produkte en dienste te skep wat sal bydra om die huidige nie-volhoubare patrone binne die gemeenskap uit te skakel. Maar hoe doeltreffend is geteikende innovasie-platforms binne die Multinasionale Korporasies egter vir soverre dit die ontwerp en toepassing van betekenisvolle innovasies betref wat op volhoubaarheid gerig is? Hoe betekenisvol is dié pogings rondom innovasie gemeet teen die breër strategie van korporatiewe sosiale verantwoordelikheid van die maatskappy en sy volhoubaarheidsprestasie? Wat kan ons van innovasie-platforms van sakeondernemings met betrekking tot organisasie en entrepreneurskap - gerig op volhoubaarheid - wys word? Met die oog op die beantwoording van hierdie vrae, is ’n aksie-navorsingsmetode gebruilc, waarin ek besin oor my eie ondervinding met die gebruik van innovasieplatforms van die Royal Dutch Shell Group (Shell) om volhoubaarheidsinnovasies te ontwikkel. Binne hierdie perspektief word weer gekyk na die konsep van korporatiewe sosiale verantwoordelikheid om sodoende sy potensiaal om dié proses te kortwiek of te fasiliteer, uit te lig.

This study investigates the major factors that have restricted the flow of foreign direct investment (FDI) into the oil sector in Libya. The study focuses on the period from 2000 to 2009. This period is significant since, during this time Libya witnessed dramatic foreign and economic policy changes. The research objectives are: (1) To identify the determinants of foreign direct investment into Libya’s oil industry for the period 2000-2009; (2) To reveal the obstacles and barriers which hinder FDI in Libya’s oil industry; (3) To determine the extent that the Libyan Government FDI policy influenced FDI in Libya’s oil industry. The rationale for this thesis was driven by filling an empirical void of FDI studies on the oil industry in Libya and by the intention of providing practical insights for current and future Libyan governments. This study comprises of an analysis of the 30 multinational (MNCs) oil companies that are operating in the Libyan oil industry through questionnaire and interview data from executives employed by those MNCs, as well as data from ten Libyan senior government officials involved in the Libyan oil industry and/or FDI policies. The research has provided support for several of the determinants of FDI flows traditionally found in the literature. The survey and time series analysis further reveals that access to Libya’s proven oil and gas reserves was the singular most important determinate for influencing the MNCs to undertake FDI. Furthermore, the findings identified that Libyan government foreign policy had some impact on the MNCs decision to undertake FDI. The research findings with regards to the role played by environmental risk as a determinate of FDI, demonstrate that there is no significant relationship between overall levels of environmental risk and a country‘s performance in attracting FDI. Also, this research has identified a number of factors that are causing obstacles and challenges to the attractiveness of Libya as a location for foreign investment. It has revealed that MNCs are significantly dissatisfied by the stability of the public institutions and the lack of effective regulations in Libya.

No / Dominance effects are normally associated with multinational corporations (MNCs). However, we argue that a strong local competitor can create ‘dominance effects’ setting the institutional parameters for employment relations in multinational subsidiaries. Moreover such an effect can be persistent. In this case the Spanish-owned El Corte Inglés (ECI) used its power and influence to establish an employer's federation and two ‘yellow unions’. These yellow unions infiltrated the French-owned MNC Carrefour and most of the Spanish supermarket sector by the early 1980s and continue to dominate collective bargaining rounds and works council elections, marginalizing the main independent trade unions. This has resulted in poor pay and working conditions and a lack of effective employee representation across most of the Spanish supermarket sector. The fact that Carrefour established an international framework agreement to observe union rights in 2001 has as yet not changed this situation.