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http://dx.doi.org/10.17662/ksdim.2022.18.2.111

A Study on the Psychological Contract Violation of Company Members by Affiliates Separation of LX HAUSYS  

Kim, SungGun (인하대학교 산업경영학과)
Lee, SungJun (한국외대 스칸디나비아어과)
Publication Information
Journal of Korea Society of Digital Industry and Information Management / v.18, no.2, 2022 , pp. 111-125 More about this Journal
Abstract
The general view of the division of affiliates of many large corporations is a reorganization of the governance structure, and the smooth division of affiliates is often well wrapped up in a beautiful breakup. However, the parties to the breakup are not only the owners of the company, but all employees as well. Separation of the owner family can be done with joy and good feelings, because they are separated according to the will of the owner family, and each becomes the owner of the company. As Commitment decreases and turnover behavior appears, it is necessary to take a strategic approach to members, along with consideration. This study looked into the recent separation of LG Group's affiliates based on this point of view. To this end, we focused on the case of LX Hausys of LX Group, which was separated from LG Group. To this end, through a meeting with the person in charge of LX Hausys, the company's response to the division was investigated, and FGI was conducted for retired and current members. As a result, it was confirmed through the person in charge that no appropriate measures were taken due to the separation of the company. Through FGI with the retirees and incumbents, the psychological resistance of the members and the decrease in organizational commitment and the increase in turnover intention was confirm.
Keywords
Division of affiliates; Psychological Contract; Commitment; Turnover Intention;
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