Economic Restructuring and HRM in Hong Kong

This article discusses the human resource implications of' business readjustment and advances in Hong Kong as its economy is restructured into a post-industrial centre of tertiary service industries. Corporate reforms are benchmarked against Western practices of exploring flexibilities and comp...

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Bibliographic Details
Published inAsia Pacific business review Vol. 3; no. 4; pp. 34 - 61
Main Authors Hong, Ng Sek, POON, CAROLYN
Format Journal Article
LanguageEnglish
Published Frank Cass 01.06.1997
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Summary:This article discusses the human resource implications of' business readjustment and advances in Hong Kong as its economy is restructured into a post-industrial centre of tertiary service industries. Corporate reforms are benchmarked against Western practices of exploring flexibilities and competitiveness which emphasize labour performance and cost savings. However, job security does not appear to have been eroded, possibly betraying an Oriental importance placed upon trust and commitment between employer and employee. As a meeting-place where Eastern and Western cultural practices interface, Hong Kong probably remains economically resilient by keeping its normative and institutional permissiveness in a hybrid mix of Western and Oriental practices.
ISSN:1360-2381
1743-792X
DOI:10.1080/13602389700000042