A resource-based perspective on human capital losses, HRM investments, and organizational performance

• 成果类型: Article
• 署名作者: Shaw, Jason D.; Park, Tae-Youn; Kim, Eugene
• 署名单位: University of Minnesota System; University of Minnesota Twin Cities; Vanderbilt University; University System of Georgia; Georgia Institute of Technology
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2025
• 发表日期: 2013
• 页码: 572-589
• 关键词: RESOURCE-BASED VIEW; human capital; Strategic Human Resource Management; organizational performance; turnover

摘要

Reversing the focus on human capital accumulations in the resource-based literature, the authors examine the issue of human capital losses and organizational performance. They theorize that human capital losses markedly diminish the inimitability of human capital stores initially, but that the negative effects are attenuated as human capital losses increase. They argue further that these effects are more dramatic when human resource management (HRM) investments are substantial. As predicted, Study 1 shows that the human capital losses (voluntary turnover rates)-workforce performance relationship takes the form of an attenuated negative relationship when HRM investments are high. Study 2 shows stronger curvilinear effects of voluntary turnover rates on financial performance via workforce productivity under these conditions. Implications for resource-based theory and strategic HRM are addressed.