Direct influence of human resource management practices on financial performance in Malaysian R&D companies
Since 1996, the R&D sector in Malaysia has received greater attention than before. Despite fiscal and non-fiscal incentives provided to support the growth of this sector, the level of R&D measured in terms of R&D outputs(i.e. number of patent) is still dismal which is mirrored in the ove...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
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2011
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| Online Access: | https://repo.uum.edu.my/id/eprint/3165/1/z3.pdf |
| _version_ | 1825740097061912576 |
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| author | Adnan, Zurina Abdullah, Hazman Shah Ahmad, Jasmine |
| author_facet | Adnan, Zurina Abdullah, Hazman Shah Ahmad, Jasmine |
| author_sort | Adnan, Zurina |
| collection | UUM |
| description | Since 1996, the R&D sector in Malaysia has received greater attention than before. Despite fiscal and non-fiscal incentives provided to support the growth of this sector, the level of R&D measured in terms of R&D outputs(i.e. number of patent) is still dismal which is mirrored in the overall performance of local R&D companies. Many studies have investigated factors which influence the performance of organizations. The present study attempts to examine the influence of HRM practices on financial performance of R&D firms. The data for the study were obtained from survey
responses from 64 R&D companies. Results of EFA and CFA confirmed the 4 dimensions of HRM practices: participation, reward, training and development, and teamwork practices. Regression results showed participation and reward practices have positive and significant influence on
financial performance while training and development practice has negative influence on financial performance. There is no significant relationship between teamwork practice and financial performance. Overall, the findings
of the present study provide partial support of universalistic perspective. |
| first_indexed | 2024-07-04T05:21:07Z |
| format | Conference or Workshop Item |
| id | uum-3165 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:21:07Z |
| publishDate | 2011 |
| record_format | eprints |
| spelling | uum-31652016-04-24T00:14:28Z https://repo.uum.edu.my/id/eprint/3165/ Direct influence of human resource management practices on financial performance in Malaysian R&D companies Adnan, Zurina Abdullah, Hazman Shah Ahmad, Jasmine HD28 Management. Industrial Management Since 1996, the R&D sector in Malaysia has received greater attention than before. Despite fiscal and non-fiscal incentives provided to support the growth of this sector, the level of R&D measured in terms of R&D outputs(i.e. number of patent) is still dismal which is mirrored in the overall performance of local R&D companies. Many studies have investigated factors which influence the performance of organizations. The present study attempts to examine the influence of HRM practices on financial performance of R&D firms. The data for the study were obtained from survey responses from 64 R&D companies. Results of EFA and CFA confirmed the 4 dimensions of HRM practices: participation, reward, training and development, and teamwork practices. Regression results showed participation and reward practices have positive and significant influence on financial performance while training and development practice has negative influence on financial performance. There is no significant relationship between teamwork practice and financial performance. Overall, the findings of the present study provide partial support of universalistic perspective. 2011-04 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/3165/1/z3.pdf Adnan, Zurina and Abdullah, Hazman Shah and Ahmad, Jasmine (2011) Direct influence of human resource management practices on financial performance in Malaysian R&D companies. In: 14th International Business Research Conference, 28 - 30 April 2011, Crowne Plaza Hotel, Sheikh Zayed Road, Dubai, UAE. (Unpublished) http://www.worldbizconference.com/ |
| spellingShingle | HD28 Management. Industrial Management Adnan, Zurina Abdullah, Hazman Shah Ahmad, Jasmine Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title | Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title_full | Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title_fullStr | Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title_full_unstemmed | Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title_short | Direct influence of human resource management practices on financial performance in Malaysian R&D companies |
| title_sort | direct influence of human resource management practices on financial performance in malaysian r d companies |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/3165/1/z3.pdf |
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