THE ROLE OF HUMAN RESOURCES ON THE RELATIONSHIP BETWEEN HIGH-PERFORMANCE WORK SYSTEMS AND FIRM PERFORMANCE
Keywords:human resources function, high-performance work systems, strategic human resource management, firm performance
Purpose: This study examined the impact of HPWSs on firm performance as well as the moderating effect of the HR function in the HPWS–performance linkage.
Design/methodology/approach: This study is relied on data from the Workplace Panel Survey (WPS) which collected by the Ministry of Spain Labour and Social Economy. The WPS has been conducted to gather information about the HR and labor relations practices of Spain firms. The WPS questionnaire contains questions regarding a firm’s HR and labor relations practices as well as factual data such as the number of employees, sales revenue, and assets of the firm.
Findings: The study shows the existence of both the main effect of HPWSs, supporting the universalistic perspective, and the moderating effect of the HR function’s influence, supporting the perspective.
Originality: The current study contributes to Strategic Human Resource Management (SHRM) literature by providing empirical evidence linking the impact of HPWSs on firm performance as well as the moderating effect of the HR function in such a linkage.
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