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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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: A. > Business School > Economics
A. > Business School > Leadership, Work and Organisations > Employment Relations group
ISI Impact: 6
Item ID: 725
Notes on copyright: Pre-refereed item enclosed, as permitted by publisher (8/11)
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Depositing User: Repository team
Date Deposited: 11 Dec 2008 12:38
Last Modified: 13 Oct 2016 14:12

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