The impact of HR configuration on firm performance in Singapore: A resource-based explanation

Soo Hoon Lee, Phillip H. Phan, Elaine Chan

Research output: Contribution to journalArticlepeer-review

Abstract

This study investigates how the characteristics of a firm's human resource practices and processes (HRPPs) are associated with firm performance. The results found that the extent to which HRPPs can be substituted by information technology or codified in employee manuals, made them easy to be imitated and were therefore associated with an attenuation of the firm's financial performance. On the other hand, constant positive investments into a firm's HRPPs were associated with enhanced firm performance. No significant relationships were found between the embeddedness of HRPPs with information technology or the uniqueness of the firm's HRPPs and firm performance. The results are explained in terms of the resource-based view of the firm.

Original languageEnglish (US)
Pages (from-to)1740-1758
Number of pages19
JournalInternational Journal of Human Resource Management
Volume16
Issue number9
DOIs
StatePublished - Sep 2005
Externally publishedYes

Keywords

  • Human resource management
  • Resource-based view
  • Singapore
  • Substitutability
  • Time compression diseconomies

ASJC Scopus subject areas

  • Strategy and Management
  • Organizational Behavior and Human Resource Management
  • Management of Technology and Innovation

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