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All Journal International Journal of Economics Development Research (IJEDR) International Journal of Social, Economic, and Business
Aisyah, Sarah
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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HRM Practices Across Different Cultures: An Evidence-Cased Study In France And Venezuela Jannah, Binta Zahratul; Safar, Qolbiah; Koesnanto, Shafna Maylafesya; Ramadhan, Zaidan Falah; Aziz, Muhammad Abdul; Lima, Peter Louis Calvin; Aisyah, Sarah
International Journal of Social, Economic, and Business Vol. 1 No. 1 (2024): September 2024
Publisher : Lavish Opulent Education

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Abstract

This research aims to compare human resource management (HRM) and industrial relations practices in France and Venezuela, with a focus on cultural differences, business contexts, and political, economic, and social factors. This research uses literature studies with a descriptive-qualitative type of research to analyze HR management practices and industrial relations in both countries. The sub-chapters analyzed include recruitment, selection, development, compensation, performance appraisal, and industrial relations. Human resource management practices in France tend to be less strategic, with compensation policies that change frequently and performance appraisals that do not meet expectations. On the other hand, Venezuela faces challenges in recruiting and retaining talented employees due to an unstable political, social and economic environment. Differences in industrial relations practices in the two countries reflect the unique challenges and national contexts of each country. The implication of this research is the need to focus on human resource strategies that are appropriate to the economic and regulatory conditions of each country. Differences in human resource management and industrial relations practices in France and Venezuela indicate the need to adapt human resource management and industrial relations strategies to local conditions.
The Effect of Corporate Governance Mechanisms on Initial Return on IPO Companies Listed on the Indonesia Stock Exchange Aisyah, Sarah
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 3 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v5i3.7390

Abstract

This study examines the effect of corporate governance mechanisms on initial returns in companies conducting IPOs on the Indonesia Stock Exchange for the 2019-2023 period. The phenomenon of underpricing in IPOs which increased significantly (61.2%) during this period became the main problem under study. Using an associative causal quantitative approach with secondary data that is time series and cross section, this study analyses 136 companies selected through purposive sampling. The independent variables studied include board gender diversity, board size, independent commissioners, and managerial ownership. The results show that board gender diversity, board size, and independent commissioners have no significant effect on initial return. However, managerial ownership has a significant positive effect. Simultaneously, the four variables have no effect on initial return with the ability to explain limited variation in initial return (R Square 7.6%). This study implies that in Indonesia, of the corporate governance aspects studied, only managerial ownership has a significant influence on IPO performance.
Co-Authors Jannah, Binta Zahratul Koesnanto, Shafna Maylafesya Lima, Peter Louis Calvin Ramadhan, Zaidan Falah RR. Ella Evrita Hestiandari Safar, Qolbiah