Human resource Management Practices Aimed at seeking the commitment of employees on Financial and Non-Financial (subjective) Performance in spanish Firms: An empirical contribution
DOI:
https://doi.org/10.46631/jefas.2012.v17n32.02Keywords:
HRM practices, employees, commitment, financial performance, non-financial performance (subjective performance)Abstract
The purpose of this paper is to assess the relationship between Human Resource Management (HRM) practices and organizational performance in Spanish firms from a financial and non-financial perspective (subjective). The empirical study was conducted with a sample of 102 firms in the region of Andalucía (Spain). The results of statistical analysis have shown the fundamental role of establishing HRM practices aimed at seeking the employees’ commitment and its positive influence on organizational performance. Results also showed that the subjective measures for organizational performance better explained this phenomenon of study.
Downloads
References
Alcazar, F. M., Fernández, P. M. R., & Gardey, G. S. (2005). Researching on SHRM: An Analysis of the Debate over the Role Played by Human Resources in Firm Success. Management Review, 116 (2), 213-241.
Arthur, J. B. (1994). Effects of Human Resource Systems on Manufacturing Performance and Turnover. Academy of Management Journal, 37, 670-687.
Aycan, Z. (2005). The Interplay Between Cultural and Institutional/Structural Contingencies in Human Resource Management Practices. International Journal of Human Resource Management, 7, 1083-1119.
Bamberger, P., & Meshoulam, L. (2000). Human Resource Strategy: Formulation, Implementation and Impact. Thousand Oaks, CA: Sage Publishing.
Barclay, D., Higgins, C., & Thompson, R. (1995). The Partial Least Squares (PLS) Approach to Causal Modeling: Personal Computer Adoption and Use as an Illustration. Technology Studies, 2(2), 285-309.
Barney, J. B., & Wright, P. M. (1998). On Becoming a Strategic Partner: the Role of Human Resource in Gaining Competitive Advantage. Human Resource Management, 37(1), 31-46.
Barroso, C., Cepeda, G. A., & Roldán, J. L. (2010). Applying Maximum Likelihood and PLS on Different Sample Sizes: Studies on SERVQUAL Model and Employee Behavior Model. In Esposito Vinzi, Chin, Henseler & Wang (Eds.) Handbook of Partial Least Squares: Concepts, Methods and Applications. New York: Springer.
Basset-Jones, N. (2005). The Paradox of Diversity Management, Creativity and Innovation. Creativity and Management, 14(2), 169-175.
Bontis, N., Hulland , J., & Crossan, M. M. (2002). Managing an Organizational Learning System by Aligning Stocks and Flows. Journal of Management Studies, 39, 437-469.
Boone, Ch., Van Olffen, W., Van Witteloostuijn, A., & De Brabander, B. (2004). The Genesis of Top Management Team Diversity: Selective Turnover among Top Management Teams in Dutch Newspaper Publishing, 1970-94. Academy of Management Journal, 47(5), 633-656.
Carpenter, M. A. (2002). The Implications of Strategy and Social Context for the Relationship Between Top Management Team Heterogeneity and Firm Performance. Strategic Management Journal, 23(3), 275-284.
Chin, W. W. (2003). PLS-Graph (Version 03.00, Build 1058) (Computer Software). Texas: University of Houston.
Chin, W. W. (1998). Issues and Opinion on Structural Equation Modeling. MIS Quarterly, 22(1) 7-21.
Collins, C. J., & Smith, K. G. (2006). Knowledge Exchange and Combination: the Role of Human Resource Practices in the Performance of High-Technology Firms. Academy of Management Journal, 49(3), 544-560.
Dalrymple, J. F. (2004). Performance Measurement for SME Growth: a Business Profile Benchmarking Approach. Paper presented at the Second World Conference on POM and 15th Annual POM Conference, Cancun,
México.
Dess, G. G., & Davis, P. S. (1984). Porter’s (1980) Generic Strategies as Determinants of Strategic Group Membership and Organizational Performance. Academy of Management Journal, 27(3), 467-488.
Eccles, R. (2004). Manifiesto sobre la medida del rendimiento. En Harvard Business Review. Cómo medir el rendimiento en la Empresa. Buenos Aires, Argentina: Grupo Editorial Planeta.
Fornell, C., & Larcker, D.F. (1981). Evaluating Structural Equation Models with Unobservable Variables and Measurement Error. Journal of Marketing Research,18, 39-50.
Geisser, S. (1974). A Predictive Approach to the Random Effects Model. Biometrika, 61, 101–107.
Giardini, A., & Kabst, R. (2008). Effects of Work-Family Human Resource Practices: A Longitudinal Perspective. International Journal of Human Resource Management, 19(11), 2079-2094.
Goll, I., Brown, N., & Rasheed, A. A. (2008). Top Management Team Demographic Characteristics, Business Strategy, and Firm Performance in the US Airline Industry. Management Decision, 46 (2), 201-222.
González, A., Correa, A. & Acosta, M. (2002). Factores determinantes de la rentabilidad financiera de las pymes. Revista Española de Financiación y Contabilidad, 31(112), 395-429.
Gonzalez, J. & Denisi, A. (2009). Cross-level Effects of Demography and Diversity Climate on Organizational Attachment and Firm Effectiveness. Journal of Organizational Behavior, 30. 21-40.
Gooderham, P., Parry, E., & Ringdal, K. (2008). The Impact of Bundles of Strategic Human Resource Management Practices on the Performance of European Firms. International Journal of Human Resource Management, 19(11), 2041-2056.
Guest, D. E., Michie. J., & Conway, M. (2003). Human Resource Management and Corporate Performance in the UK. British Journal of Industrial Relations, 41(2), 291-314.
Guthrie, J. P. (2001). High-involvement Work Practices. Turnover and Productivity: Evidence from New Zealand. Academy of Management Journal, 44(1),180- 190.
Hartmann, F., Naranjo, D., & Roldán, J. L. (2005). The Relationship between Leadership Behavior and the Use of Performance Measures: a Test of Antecedents and Consequences. Paper presented at the meeting at the AIMA Conference, Monterey, California.
Martin, F., Romero, P. & Gardey, G. S. (2006). Modelo explicativo de la influencia de la diversidad sobre el desempeño de los grupos de trabajo. El efecto moderador de la dirección estratégica de los Recursos Humanos. Investigaciones Europeas de Dirección y Economía de la Empresa, 12(1), 225-250.
Mesquita, L. F. & Lazzarini, S. G. (2008). Horizontal and Vertical Relationships in Developing Economies: Implications for SMEs’ Access to Global Markets. Academy of Management Journal, 16(2), 359-380.
Moideenkutty, U., Al-Lamki, A., & Rama Murthy, Y. S. (2011). HRM Practices and Organizational Performance in Oman. Personnel Review, 40(2), 239 -251.
Naranjo-Gil, D., & Álvarez-Dardet. C. (2006). El uso del sistema contable de gestión en la implantación de la estrategia: análisis del ajuste contingente. Revista Española de Financiación y Contabilidad, 35(128), 157-179.
Nonaka, I. (1994). A Dynamic Theory of Organizational Knowledge Creation. Organization Science, 1(1), 14-37.
Nunnally, J. (1978). Psychometric Theory. New York: McGraw-Hill.
Real, J. C., Leal, A., & Roldán, J. L. (2006). Information Technology as a Determinant of Organizational Learning and Technological Distinctive Competencies. Industrial Marketing Management, 35, 505-521.
Richard, O. C., Murthi, B. P., & Ismail, K. (2007). Cultural Diversity in Management, Firm Performance and The Moderating Role of Entrepreneurial Orientation. Strategic Management Journal, 28, 1213-1233.
Roberts, N., & Thatcher, J. (2009). Conceptualizing and Testing Formative Constructs: Tutorial and Annotated Example. The Data Base for Advances in Information Systems, 40(3), 9-39.
SABI (2009). Iberian Annual Review System. Retrieved from <http://sabi.bvdep.com>.
Shahnawaz, M. G., & Juyal, R. C (2006). Human Resource Management Practices and Organizational Commitment in Different Organizations. Journal of the Indian Academy of Applied Psychology, 32(3), 171- 178.
Stone, M. (1974). Cross-validatory Choice and Assessment of Statistical Predictions. Journal of the Royal Statistical Society, 36, 111-147.
Tenenhaus, M. (2008). Component-based Structural Equation Modeling. Total Quality Management and Business Excellence, 19(7), 871-886.
Yacuzzi, E. (2010). Herramientas japonesas para la gobernancia de las pequeñas y medianas empresas’. Retrieved from <http://www.educamericas.com/ articulos/reportes-y-papers/herramientas-japonesaspara-la-gobernanza-de-las-pymes>.
Zou, S. & Stan, S. (1998). The Determinants of Export Performance: A Review of the Empirical Literature between 1987 and 1997. International Marketing Review, 15(5), 333-356.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2012 Journal of Economics, Finance and Administrative Science
This work is licensed under a Creative Commons Attribution 4.0 International License.
