Publicação

Influence of Guanxi HRM practices on turnover intention of Chinese millennials in state own ed banks: the roles of leader member exchange, organizational identification and traditionality

Ver documento

Detalhes bibliográficos
Resumo:High turnover among millennials is a challenge in Chinese business organization. It is even more so in Chinese state-owned banks where the Guanxi Human Resource Management (HRM) practices have been prominent. This study investigates the pathways and boundary conditions through which guanxi HRM practices affect the turnover intention of millennials. Based on social exchange theory, this study establishes the theoretical model about how guanxi HRM practices affect the turnover intention of millennial employees. Organizational identification and leader-member exchange (LMX) are introduced as mediators and traditionality as a moderator to examine the different rules by which guanxi HRM practices affect millennials’ turnover intention. Using a sample of 467 participants, hypotheses were tested through multiple regression analysis. The results indicate that: (1) Guanxi HRM practices significantly and positively predict millennials’ turnover intention; (2) organizational identification and LMX both partially mediate the positive impact of guanxi HRM practices on employee turnover intention; (3) and traditionality positively moderates the negative association between guanxi HRM practices and organizational identification as well as the negative association between guanxi HRM practices and LMX. This study enriches the literature of guanxi HRM practices by identifying the boundary conditions of traditionality. The findings have a number of managerial implications for retention of Chinese millennials in the banking industry.
Autores principais:Jin Jing
Assunto:Guanxi HRM practice Turnover intention Chinese millennials State-owned banks Traditionality Práticas de GRH Guanxi Intenção de saída Millennials chineses Bancos estatais Tradicionalidade
Ano:2020
País:Portugal
Tipo de documento:tese de doutoramento
Tipo de acesso:acesso aberto
Instituição associada:ISCTE
Idioma:inglês
Origem:Repositório ISCTE
Descrição
Resumo:High turnover among millennials is a challenge in Chinese business organization. It is even more so in Chinese state-owned banks where the Guanxi Human Resource Management (HRM) practices have been prominent. This study investigates the pathways and boundary conditions through which guanxi HRM practices affect the turnover intention of millennials. Based on social exchange theory, this study establishes the theoretical model about how guanxi HRM practices affect the turnover intention of millennial employees. Organizational identification and leader-member exchange (LMX) are introduced as mediators and traditionality as a moderator to examine the different rules by which guanxi HRM practices affect millennials’ turnover intention. Using a sample of 467 participants, hypotheses were tested through multiple regression analysis. The results indicate that: (1) Guanxi HRM practices significantly and positively predict millennials’ turnover intention; (2) organizational identification and LMX both partially mediate the positive impact of guanxi HRM practices on employee turnover intention; (3) and traditionality positively moderates the negative association between guanxi HRM practices and organizational identification as well as the negative association between guanxi HRM practices and LMX. This study enriches the literature of guanxi HRM practices by identifying the boundary conditions of traditionality. The findings have a number of managerial implications for retention of Chinese millennials in the banking industry.