학위논문 (석사)-- 서울대학교 대학원 : 경영학과, 2015. 2. 김성수.Little is known about the effects of company-wide workforce aging on different firm performances, although the relationship between individual aging and job performance and between top management demography and organizational outcome is relatively well verified. Employing theories regarding abilities, motivations, and opportunities of employee, I theorized that workforce aging is positive for firm sales performance, but insignificant for firm profit performance. I also suggested that the relationship between workforce aging and firm performance is moderated by performance-based pay system and externally oriented cultures – adhocracy and market cultures. The theoretical arguments are tested by using data from 229 Korean firms in the manufacturing sector, and the hypotheses were generally supported. The results indicate that workforce aging is an ambivalent social trend which has both of advantages and disadvantages on firms performances, and that the disadvantages can be overcome by contextual factors such as Human Resource Management (HRM) practices and organizational cultures. Future research can test the relationship between workforce aging and firm performance by using various indicators of workforce aging and organizational outcomes within different contexts.TABLE OF CONTENTS
I. INTRODUCTION 1
II. THEORIES AND HYPOTHESES 6
1. Workforce Aging and Organizational Performance 6
2. Moderating effect: organizational cultures and HRM practices 14
III. METHOD 24
1. Data and Sample 24
2. Measures 26
IV. RESULTS 31
V. DISCUSSION 44
REFERENCES 51
ABSTRACT IN KOREAN 67Maste
