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IMPROVING LABOR PRODUCTIVITY: HUMAN RESOURCE MANAGEMENT POLICIES DO MATTER
Author(s) -
KOCH MARIANNE J.,
McGRATH RITA GUNTHER
Publication year - 1996
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/(sici)1097-0266(199605)17:5<335::aid-smj814>3.0.co;2-r
Subject(s) - productivity , human resource management , normative , perspective (graphical) , business , resource (disambiguation) , human capital , industrial organization , consistency (knowledge bases) , knowledge management , strategic human resource planning , empirical research , resource based view , human resources , economics , marketing , competitive advantage , computer science , management , political science , economic growth , epistemology , computer network , philosophy , artificial intelligence , law
Despite the consistency with which the theoretical and normative connections between human resource management practices and firm‐level performance outcomes are made, empirical studies that link the two are sparse. This paper presents results from a study of 319 business units that addresses this gap. Hypotheses are derived from a resource‐based perspective on strategy. Positive and significant effects on labor productivity are found for organizations that utilize more sophisticated human resource planning, recruitment, and selection strategies. These effects are particularly pronounced in the case of capital‐intensive organizations.