Developing new understanding of how global talent flow impact individual and firm performance by using big data
Developing new understanding of how global talent flow impact individual and firm performance by using big data
Drawing on human capital theory, we explore the impact of global mobility on individuals and their employing firms. We also investigate the role of cultural distance between workers who move across country borders and the local culture, and the role that HRM may play to improve capitalizing on global talent mobility. We use a big data set comprising the entire population in one country, including about 30,000 expatriates from 143 countries employed by 15,000 firms, over 11 years of data covering about 100,000 observations on expatriates and 80,000 on their firms. Our findings support the existence of positive impact of global firms on performance (6.7% higher revenues after labor costs) and individuals' wages (10%–20% higher salaries). Both relationships are statistically and economically significantly influenced by cultural distance for the performance of global firms, leading to HRM implications.
879-903
Baruch, Yehuda
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Guttormsen, David
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Gyoshev, Stanley
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Pavkov, Trifon
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Plesca, Miana
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Baruch, Yehuda
25b89777-def4-4958-afdc-0ceab43efe8a
Guttormsen, David
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Gyoshev, Stanley
ae8a9561-4f50-4388-88ad-8071814f88b3
Pavkov, Trifon
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Plesca, Miana
c8c81e08-2c75-48b4-ab79-d1a5cad81d44
Baruch, Yehuda, Guttormsen, David, Gyoshev, Stanley, Pavkov, Trifon and Plesca, Miana
(2023)
Developing new understanding of how global talent flow impact individual and firm performance by using big data.
Human Resource Management Journal, 34 (4), .
(doi:10.1111/1748-8583.12535).
Abstract
Drawing on human capital theory, we explore the impact of global mobility on individuals and their employing firms. We also investigate the role of cultural distance between workers who move across country borders and the local culture, and the role that HRM may play to improve capitalizing on global talent mobility. We use a big data set comprising the entire population in one country, including about 30,000 expatriates from 143 countries employed by 15,000 firms, over 11 years of data covering about 100,000 observations on expatriates and 80,000 on their firms. Our findings support the existence of positive impact of global firms on performance (6.7% higher revenues after labor costs) and individuals' wages (10%–20% higher salaries). Both relationships are statistically and economically significantly influenced by cultural distance for the performance of global firms, leading to HRM implications.
Text
Baruch et al. Big Data global talent flow As accepted HRMJ 2023
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Restricted to Repository staff only until 12 October 2025.
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Accepted/In Press date: 12 October 2023
e-pub ahead of print date: 1 November 2023
Identifiers
Local EPrints ID: 483279
URI: http://eprints.soton.ac.uk/id/eprint/483279
ISSN: 0954-5395
PURE UUID: 790d2608-dd13-45e6-8bdc-d0eda4d896ac
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Date deposited: 27 Oct 2023 16:35
Last modified: 02 Sep 2025 01:47
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Contributors
Author:
David Guttormsen
Author:
Stanley Gyoshev
Author:
Trifon Pavkov
Author:
Miana Plesca
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