The effects of firm financialization on human resource management: How financialization affects the design of managerial jobs

At the firm level, financialization entails an emphasis on short‐term financial performance and increased engagement of non‐financial firms in financial activities. Advancing knowledge on the effects of socio‐economic contexts on HRM, this study explores how financialization affects a key HRM practice, that is, job design. We contend that higher financialization, as reflected in greater recourse to external debt, greater recourse to shareholder...