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,...

Full description

Bibliographic Details
Main Authors: Koon, Vui Yee, Ali, Juhary
Format: Article
Language:English
Published: Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2011
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/12709/1/KOON.pdf
_version_ 1825803052415713280
author Koon, Vui Yee
Ali, Juhary
author_facet Koon, Vui Yee
Ali, Juhary
author_sort Koon, Vui Yee
collection UUM
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 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 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.
first_indexed 2024-07-04T05:50:36Z
format Article
id uum-12709
institution Universiti Utara Malaysia
language English
last_indexed 2024-07-04T05:50:36Z
publishDate 2011
publisher Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia
record_format eprints
spelling uum-127092016-04-24T04:05:24Z https://repo.uum.edu.my/id/eprint/12709/ Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia Koon, Vui Yee Ali, Juhary HD28 Management. Industrial Management 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 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 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. Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2011-12 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/12709/1/KOON.pdf Koon, Vui Yee and Ali, Juhary (2011) Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia. Journal of Business Management and Accounting (JBMA), 1 (2). pp. 1-22. ISSN 2231-9298 http://imbre.uum.edu.my/index.php/publication
spellingShingle HD28 Management. Industrial Management
Koon, Vui Yee
Ali, Juhary
Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia
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 HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/12709/1/KOON.pdf
work_keys_str_mv AT koonvuiyee relationshipbetweenbusinessstrategyandhumanresourcemanagementpracticesinprivateandpubliclimitedcompaniesinmalaysia
AT alijuhary relationshipbetweenbusinessstrategyandhumanresourcemanagementpracticesinprivateandpubliclimitedcompaniesinmalaysia