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| Author: | Sels, L. (et al.) |
| Title: | Unravelling the HRM-performance link: value-creating and cost-increasing effects of small business HRM |
| Journal: | Journal of Management Studies
2006 : MAR, VOL. 43:2, p. 319-342 |
| Index terms: | human resource management performance appraisal small business |
| Freeterms: | value creating |
| Language: | eng |
| Abstract: | The majority of empirical studies on the HRM-performance link report a positive story. The costs associated with the productivity rise due to high performance work practices (HPWP) have been largely neglected. This study develops a conceptual framework that maps both the value-enhancing and cost-raisin impact of HPWP. Additionally, the study seeks to pronounse upon their overall effect on financial performance. The model is tested on a sample of small businesses. |
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