Human resource management and performance in European firms

Rizov, Marian and Croucher, Richard (2009) Human resource management and performance in European firms. Cambridge Journal of Economics, 33 (2). pp. 253-272. ISSN 1464-3545

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Official URL: http://dx.doi.org/doi:10.1093/cje/ben037

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Abstract

We develop a theoretical framework to examine three hypotheses on the relationship between human resource management (HRM) practices and organisational performance in European firms. The first is that collaborative forms of HRM practice are more strongly associated with superior firm performance than calculative forms. The second is that these associations are strongest where national institutional and normative settings support them. The third is that employer–employee consultative committees and collective payment methods are also associated with superior firm performance. The first two propositions are strongly empirically supported, as is the third, albeit more weakly. The implications of the findings for European policy and Varieties of Capitalism theory are discussed.

Item Type:Article
Keywords (uncontrolled):HRM practices. Labour extraction function. Firm performance. Institutions. European social model. Varieties of capitalism.
Research Areas:Middlesex University Schools and Centres > Business School > Economics and International Development
Citations on ISI Web of Science:6
ID Code:725
Permissions granted by publisher:Pre-refereed item enclosed, as permitted by publisher (8/11)
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Deposited On:11 Dec 2008 12:38
Last Modified:24 Nov 2014 14:00

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