A strategic human resource perspective of firm competitive behavior |
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Authors: | Evan H Offstein Devi R Gnyawali Anthony T Cobb |
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Institution: | aCollege of Business–Room 342, Frostburg State University, Frostburg, MD 21532-1099, United States;bR.B. Pamplin College of Business, 2106 Pamplin Hall, Virginia Polytechnic Institute and State University Blacksburg, VA 24061-0233, United States;cR.B. Pamplin College of Business, 2015 Pamplin Hall, Virginia Polytechnic Institute and State University, Blacksburg, VA 24061-0233, United States |
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Abstract: | Embedded within firms are unique stores of intangible human assets that likely influence the way firms compete. We argue that the human and social capital of a firm, particularly at the upper echelon and board of director (BOD) levels, contribute to the firm's awareness of the competitive environment and its motivation and ability to undertake numerous, complex, and forceful competitive actions. We also suggest that the firm's executive compensation systems moderate the effects of these intangible human assets on firm competitive behavior. By examining how human capital, intra-firm social capital, and executive compensation influence firm competitive behavior, we advance a strategic HRM perspective of firm competitive behavior and outline several implications for future research. |
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Keywords: | Strategic human resource management Competitive behavior Human capital Social capital Executive compensation |
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