Enhancing HRM Practices for Cross-Regional Development in Chinese State-Owned Enterprises
Enhancing HRM Practices for Cross-Regional Development in Chinese State-Owned Enterprises
Author(s): Yuetong Wang
Subject(s): National Economy, Economic development, Human Resources in Economy
Published by: Scientia Moralitas Research Institute
Keywords: cross-regional development; HRM practices; HRM strategies;
Summary/Abstract: Chinese state-owned enterprises (SOEs) play a significant global role. Cross-regional development has emerged as a pivotal strategic choice due to China's imperative for sustained economic growth and the continuously evolving market dynamics. The research aim is to enhance Human resource management (HRM) practices within Chinese SOEs and provide a comprehensive understanding of HRM strategies to facilitate effective cross-regional development, which is a crucial insight into coordinated development and sustained growth in different regions. This objective is achieved through a quantitative research method to enable a meticulous analysis of the intricate interplay among Confucian cultural factors, HRM practices, and employee satisfaction, examining the complex relationships, including correlations, and mediating effects. Significantly, the research findings highlight a pivotal sub-domain of HRM—Staffing, which exhibits the highest mediating effect among these variables. This implies that dedicating resources, efforts, and attention to this specific area can yield substantial benefits for organizations. It establishes a foundation and focal point for formulating HRM strategies for cross-regional development. This research not only offers a nuanced perspective on HRM practices in a cross-regional context, but also reveals the intricacies of operations within Chinese SOEs. Furthermore, it holds the promise of providing valuable insights and inspiration for the fields of international business management and cross-cultural management, shedding light on the complexities involved and offering valuable lessons for international enterprises operating in similar contexts.
Book: Proceedings of the 34th International RAIS Conference on Social Sciences and Humanities
- Page Range: 200-210
- Page Count: 11
- Publication Year: 2023
- Language: English
- Content File-PDF