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Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia

Koon, Vui Yee and Ali, Juhary (2011) Relationship between business strategy and human resource management practices in private and public limited companies in Malaysia. Journal of Business Management and Accounting (JBMA), 1 (2). pp. 1-22. ISSN 2231-9298

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Abstract

This study examines the relationship between two business strategies (differentiation and low-cost) and six human resource management (HRM) practices (recruitment and selection, training and development, compensation, performance management, employment security, and work-life balance). Furthermore, an examination conducted on the differences in such relationship between the Public and Private Limited companies in Malaysia. Structural equation modelling (SEM) was used to investigate the effect of business ownership in the model.It is found that differentiation strategy stressed on all six HRM practices while low-cost strategy emphasized four HRM practices only. The results also show that the effects of business strategy and HRM practices performed in Public Limited companies are only slightly different from the ones performed in Private Limited companies.

Item Type: Article
Uncontrolled Keywords: Human resource management practices, Business strategy, Organizational performance, Public and private companies, Malaysia, Structural equation modelling
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Othman Yeop Abdullah Graduate School of Business
Depositing User: Prof. Dr. Juhary @ Omar Haji Ali @ Mat Ali
Date Deposited: 16 Nov 2014 01:23
Last Modified: 24 Apr 2016 04:05
URI: https://repo.uum.edu.my/id/eprint/12709

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