The impact of HR configuration on firm performance in Singapore: a resource-based explanation |
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Authors: | Soo Hoon Lee Phillip H Phan |
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Institution: | Rens selaer Polytechnic institute Lally School of Management Technology , 1108th Street, Troy , NY12180 , USA Phone: 5182762319 Fax: 5182762319 E-mail: pphan@rpi.edu |
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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. |
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Keywords: | Resource-based view human resource management substitutability time compression diseconomies Singapore |
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