HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH
The universalistic perspective of human resource management practices perceives that a set of practices can achieve competitive advantage and firm performance. This study sought to investigate the relationship between best human resource practices and firm performance. A descriptive survey resear...
Main Authors: | , |
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Format: | Article |
Language: | English |
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University in Belgrade
2013-11-01
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Series: | Serbian Journal of Management |
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Online Access: | http://www.sjm06.com/SJM%20ISSN1452-4864/8_2_2013_November_133_267/8_2_2013_155-167.pdf |
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author | Loo-See Beh Leap-Han Loo |
author_facet | Loo-See Beh Leap-Han Loo |
author_sort | Loo-See Beh |
collection | DOAJ |
description | The universalistic perspective of human resource management practices perceives that a set of
practices can achieve competitive advantage and firm performance. This study sought to investigate
the relationship between best human resource practices and firm performance. A descriptive survey
research design was used to gather primary data using self-administered questionnaire. The study
population (n=312) was comprised of non-executives, executives, managers, and top management
from seven major insurance firms at headquarters in the Klang Valley, Malaysia. The study found that
performance appraisal, internal communication, SHRM alignment in the organization, and career
planning were the human resource management best practices. |
first_indexed | 2024-04-13T01:21:12Z |
format | Article |
id | doaj.art-9ffca9bd3a9443a29ac84988a6bd9575 |
institution | Directory Open Access Journal |
issn | 1452-4864 2217-7159 |
language | English |
last_indexed | 2024-04-13T01:21:12Z |
publishDate | 2013-11-01 |
publisher | University in Belgrade |
record_format | Article |
series | Serbian Journal of Management |
spelling | doaj.art-9ffca9bd3a9443a29ac84988a6bd95752022-12-22T03:08:45ZengUniversity in BelgradeSerbian Journal of Management1452-48642217-71592013-11-018215516710.5937/sjm8-4573HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACHLoo-See Beh0Leap-Han Loo1Faculty of Economics and Administration, University of Malaya, 50603 Kuala Lumpur, MalaysiaFaculty of Economics and Administration, University of Malaya, 50603 Kuala Lumpur, MalaysiaThe universalistic perspective of human resource management practices perceives that a set of practices can achieve competitive advantage and firm performance. This study sought to investigate the relationship between best human resource practices and firm performance. A descriptive survey research design was used to gather primary data using self-administered questionnaire. The study population (n=312) was comprised of non-executives, executives, managers, and top management from seven major insurance firms at headquarters in the Klang Valley, Malaysia. The study found that performance appraisal, internal communication, SHRM alignment in the organization, and career planning were the human resource management best practices.http://www.sjm06.com/SJM%20ISSN1452-4864/8_2_2013_November_133_267/8_2_2013_155-167.pdf: Human Resource Management PracticesCompetitive AdvantageFirm Performance |
spellingShingle | Loo-See Beh Leap-Han Loo HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH Serbian Journal of Management : Human Resource Management Practices Competitive Advantage Firm Performance |
title | HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH |
title_full | HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH |
title_fullStr | HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH |
title_full_unstemmed | HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH |
title_short | HUMAN RESOURCE MANAGEMENT BEST PRACTICES AND FIRM PERFORMANCE: A UNIVERSALISTIC PERSPECTIVE APPROACH |
title_sort | human resource management best practices and firm performance a universalistic perspective approach |
topic | : Human Resource Management Practices Competitive Advantage Firm Performance |
url | http://www.sjm06.com/SJM%20ISSN1452-4864/8_2_2013_November_133_267/8_2_2013_155-167.pdf |
work_keys_str_mv | AT looseebeh humanresourcemanagementbestpracticesandfirmperformanceauniversalisticperspectiveapproach AT leaphanloo humanresourcemanagementbestpracticesandfirmperformanceauniversalisticperspectiveapproach |