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) |
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Pages (from-to) | 1740-1758 |
Number of pages | 19 |
Journal | International Journal of Human Resource Management |
Volume | 16 |
Issue number | 9 |
DOIs | |
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