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The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance

TLDR
In this article, the authors examined the linkages between systems of high performance work practices and firm performance and found that these practices have an economically and statistically significant impact on both intermediate outcomes (turnover and productivity) and short and long-term measures of corporate financial performance.
Abstract
This paper comprehensively examined the linkages between systems of High Performance Work Practices and firm performance. Results based on a national sample of nearly one thousand firms indicate that these practices have an economically and statistically significant impact on both intermediate outcomes (turnover and productivity) and short- and long-term measures of corporate financial performance. Support for the predictions that the impact of High Performance Work Practices is in part contingent on their interrelationships and links with competitive strategy was limited.

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Meta-Analysis: A Constantly Evolving Research Integration Tool

TL;DR: The four articles in this special section onMeta-analysis illustrate some of the complexities entailed in meta-analysis methods and contributes both to advancing this methodology and to the increasing complexities that can befuddle researchers.
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A Resource-Based Perspective On Corporate Environmental Performance And Profitability

TL;DR: The authors found that environmental performance and economic performance are positively linked and that industry growth moderate the relationship, with the returns to environmental performance higher in high-growth industries, concluding that it pays to be green.
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Modes of theorizing in strategic human resource management: Tests of universalistic, contingency, and configurational performance predictions

TL;DR: The field of strategic human resource management (SHRM) has been criticized for lacking a solid theoretical foundation as mentioned in this paper, however, contrary to this criticism, the SHRM literature has a strong theoretical foundation.
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The Impact of Human Resource Management on Organizational Performance: Progress and Prospects

TL;DR: In this paper, the authors describe why human resource management (HRM) decisions are likely to have an important and unique influence on organizational performance, and their hope is that this research forum will help advance...
Journal ArticleDOI

The Impact of Human Resource Management Practices on Perceptions of Organizational Performance

TL;DR: In this article, the authors found positive associations between human resource management practices, such as training and staffing selectivity, and perceptual firm performance measures, and suggested methodological issues for consideration in examinations of the relationship between HRM systems and firm performance.
References
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Journal ArticleDOI

The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations.

TL;DR: This article seeks to make theorists and researchers aware of the importance of not using the terms moderator and mediator interchangeably by carefully elaborating the many ways in which moderators and mediators differ, and delineates the conceptual and strategic implications of making use of such distinctions with regard to a wide range of phenomena.
Book ChapterDOI

Firm Resources and Sustained Competitive Advantage

TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI

Sample Selection Bias as a Specification Error

James J. Heckman
- 01 Jan 1979 - 
TL;DR: In this article, the bias that results from using non-randomly selected samples to estimate behavioral relationships as an ordinary specification error or "omitted variables" bias is discussed, and the asymptotic distribution of the estimator is derived.

Competitive advantage: creating and sustaining superior performance

M.E. Ponter
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as discussed by the authors, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
Journal ArticleDOI

Specification Tests in Econometrics

Jerry A. Hausman
- 01 Nov 1978 - 
TL;DR: In this article, the null hypothesis of no misspecification was used to show that an asymptotically efficient estimator must have zero covariance with its difference from a consistent but asymptonically inefficient estimator, and specification tests for a number of model specifications in econometrics.
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