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

Soo Hoon Lee; Phillip H. Phan; Elaine Chan

doi:10.1080/09585190500239465

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 journal › Article › peer-review

19 Scopus citations

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 language	English (US)
Pages (from-to)	1740-1758
Number of pages	19
Journal	International Journal of Human Resource Management
Volume	16
Issue number	9
DOIs	https://doi.org/10.1080/09585190500239465
State	Published - Sep 2005
Externally published	Yes

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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10.1080/09585190500239465

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

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.",

keywords = "Human resource management, Resource-based view, Singapore, Substitutability, Time compression diseconomies",

author = "Lee, {Soo Hoon} and Phan, {Phillip H.} and Elaine Chan",

note = "Funding Information: We thank Hwee-Hoon Tan as well as participants at the Asia Academy of Management in Bangkok and Corporate Turnaround Conference for comments on earlier versions of this paper. This project was financially supported by the John Broadbent Research Fund at Rensselaer Polytechnic Institute and the National University of Singapore (Research Grant RP3981030). Copyright: Copyright 2005 Elsevier B.V., All rights reserved.",

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AU - Phan, Phillip H.

AU - Chan, Elaine

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PY - 2005/9

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N2 - 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.

AB - 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.

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KW - Substitutability

KW - Time compression diseconomies

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

Abstract

Keywords

ASJC Scopus subject areas

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