Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia
This study examines the relationship between two business strategies (differentiation and low-cost) and six human resource management (HRM) practices (recruitment and selection, training and development, compensation, performance management, employment security, and work-life balance). Furthermore,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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UUM PRESS
2011-12-01
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| Series: | Journal of Business Management and Accounting |
| Subjects: | |
| Online Access: | https://e-journal.uum.edu.my/index.php/jbma/article/view/8907 |
| _version_ | 1797627396257480704 |
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| author | Koon Vui Yee Juhary Ali |
| author_facet | Koon Vui Yee Juhary Ali |
| author_sort | Koon Vui Yee |
| collection | DOAJ |
| description |
This study examines the relationship between two business strategies (differentiation and low-cost) and six human resource management (HRM) practices (recruitment and selection, training and development, compensation, performance management, employment security, and work-life balance). Furthermore, an examination was conducted on the differences in such relationship between the Public and Private Limited companies in Malaysia. Structural equation modelling (SEM) was used to investigate the effect of business strategy on HRM practices and to determine the invariance effect of the two businesses ownership in the model. It is found that differentiation strategy stressed on all six HRM practices while low-cost strategy emphasized four HRM practices only. The results also show that the effects of business strategy and HRM practices performed in Public Limited companies are only slightly different from the ones performed in Private Limited companies.
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| first_indexed | 2024-03-11T10:23:33Z |
| format | Article |
| id | doaj.art-55e3c6922b2343d89f4e7afbbbfbef8a |
| institution | Directory Open Access Journal |
| issn | 2231-9298 2636-9249 |
| language | English |
| last_indexed | 2024-03-11T10:23:33Z |
| publishDate | 2011-12-01 |
| publisher | UUM PRESS |
| record_format | Article |
| series | Journal of Business Management and Accounting |
| spelling | doaj.art-55e3c6922b2343d89f4e7afbbbfbef8a2023-11-16T03:19:30ZengUUM PRESSJournal of Business Management and Accounting2231-92982636-92492011-12-0112Relationship between business strategy and human resource management practices in private and public limited companies in MalaysiaKoon Vui Yee0Juhary Ali1Tunku Abdul Rahman College, Kuala Lumpur, MalaysiaCollege of Business, Universiti Utara Malaysia, Malaysia This study examines the relationship between two business strategies (differentiation and low-cost) and six human resource management (HRM) practices (recruitment and selection, training and development, compensation, performance management, employment security, and work-life balance). Furthermore, an examination was conducted on the differences in such relationship between the Public and Private Limited companies in Malaysia. Structural equation modelling (SEM) was used to investigate the effect of business strategy on HRM practices and to determine the invariance effect of the two businesses ownership in the model. It is found that differentiation strategy stressed on all six HRM practices while low-cost strategy emphasized four HRM practices only. The results also show that the effects of business strategy and HRM practices performed in Public Limited companies are only slightly different from the ones performed in Private Limited companies. https://e-journal.uum.edu.my/index.php/jbma/article/view/8907Human resource management practicesBusiness strategyOrganizational performancePublic and private companiesMalaysiaStructural equation modelling |
| spellingShingle | Koon Vui Yee Juhary Ali Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia Journal of Business Management and Accounting Human resource management practices Business strategy Organizational performance Public and private companies Malaysia Structural equation modelling |
| title | Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia |
| title_full | Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia |
| title_fullStr | Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia |
| title_full_unstemmed | Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia |
| title_short | Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia |
| title_sort | relationship between business strategy and human resource management practices in private and public limited companies in malaysia |
| topic | Human resource management practices Business strategy Organizational performance Public and private companies Malaysia Structural equation modelling |
| url | https://e-journal.uum.edu.my/index.php/jbma/article/view/8907 |
| work_keys_str_mv | AT koonvuiyee relationshipbetweenbusinessstrategyandhumanresourcemanagementpracticesinprivateandpubliclimitedcompaniesinmalaysia AT juharyali relationshipbetweenbusinessstrategyandhumanresourcemanagementpracticesinprivateandpubliclimitedcompaniesinmalaysia |