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The effects of human resources management practices on the organizational performances of Canadian financial co‐operatives
Author(s) -
Arcand Michel,
Bayad Mohamed,
Fabi Bruno
Publication year - 2002
Publication title -
annals of public and cooperative economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.526
H-Index - 37
eISSN - 1467-8292
pISSN - 1370-4788
DOI - 10.1111/1467-8292.00192
Subject(s) - phenomenon , relation (database) , reading (process) , human resource management , human resources , business , economics , positive economics , management , epistemology , political science , computer science , philosophy , database , law
Reading through academic literature with a critical eye shows that the relation between human resources management (HRM) and the performance of the firm is a relatively unknown phenomenon. This relation is sometimes described as a “black box”. Far from claiming to have closed the debate, this article sets forth an original approach that represents an undisputable input which allows a better understanding of this phenomenon. Even if there are many theories that try to explain this relation, only the universalistic approach of human resources will be of interest. While using both a qualitative and a quantitative approach, our research shows that some HRM practices do seem to give a competitive advantage to Canadian financial co‐operative enterprises.