Developments in Human Resource Management in MNCs from BRICS Nations: A Review and Future Research Agenda

Pawan Budhwar,Hoa Do,Arup Varma,Rosalie L Tung

doi:10.1016/j.intman.2017.04.003

Abstract

In this introductory article, we analyze developments in the field of human resource management (HRM) in multinational corporations (MNCs) from the BRICS countries (Brazil, Russia, India, China, and South Africa). We do this in terms of conceptual models, theoretical frameworks, empirical studies, research designs and MNC settings, with a view to setting the future research agenda on this emerging topic. In doing so, we identify research gaps as well as propose a number of research directions that can act as a useful guide for future research. The article therefore provides valuable information to both academics and practitioners and paves the way for future studies on the nature of HRM systems in MNCs from BRICS.

Highlights

Despite the fact that globalization has come under increasing attack as witnessed by Brexit and the election of Donald Trump as the U.S President, the reality remains that multinational companies (MNCs) and related foreign direct investment (FDI), among other factors, continue to play a critical role in the development and prosperity of the world
As MNCs utilize a higher level of technology, their presence fosters productivity increases in domestic firms, enabling them to be more effective (Gorg & Strobl, 2001)
We suggest that future research should explore the HRM of MNCs including the five nations in order to provide a more complete comprehensive picture of how and why the HRM of MNCs are adopted and executed in this emerging world

Summary

Introduction

Despite the fact that globalization has come under increasing attack as witnessed by Brexit and the election of Donald Trump as the U.S President, the reality remains that multinational companies (MNCs) and related foreign direct investment (FDI), among other factors, continue to play a critical role in the development and prosperity of the world. Of interest is that when foreign MNCs join and operate in host country markets, in order to compete successfully in the global market environment, domestic firms need to modernize and innovate their management practices to survive (Budhwar, 2012). Of interest is that Brazilian companies have invested in foreign markets for many years, thereby having been required to internationalize their businesses to uphold their stable development (Tanure, Barcellos, & Fleury, 2009) Another important point is that the organizational culture in many Brazilian companies was heavily influenced by the Japanese quality management techniques and many government initiatives accelerated the process of national quality and productivity improvement.

Concluding Remarks

Method Concluding Remarks

Theoretical underpinnings

Research design for studies in HRM in MNCs from BRICS