Human Resource Management and Firm Performance: Is There Any Relationship?
Abstract
The article examines the relationship between HRM-practices and “social” and “economic” effectiveness of Russian business organizations. The first part of the paper reviews international conceptual approaches to analyzing HRM-practices in context of organizational performance and relevant research results. Special attention is paid for critical analysis of research methodology. In the second part, results of empirical study in 80 Russian organizations are presented. Using multilevel data the authors conclude that during economic recession after 2008 there was positive lagged effect of HRM “bundles” of hiring, training, and assessment under the condition of existence of “positive” labour practices in organizations.
Keywords:
human resource management, labour practices, job satisfaction, turnover, economic performance
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References
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Published
2014-03-30
How to Cite
Efendiev, A. G., Balabanova, E. S., & Rebrov, A. V. (2014). Human Resource Management and Firm Performance: Is There Any Relationship?. Russian Management Journal, 12(1), 39–68. Retrieved from https://rjm.spbu.ru/article/view/219
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New Research
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Articles of the Russian Management Journal are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.
