Organizational and HRM Strategies in Korea: Impact on Firm Performance in an Emerging Economy

Academy of Management Journal · 2000 · Volume 43 · Issue 3

Abstract

To examine the effects of organizational strategic variables, such as management values regarding human resource management (HRM) and the sources of competitive advantage, we developed a model and tested it with data from 138 firms in Korea. The workers studied were nonmanagers. Firms with high scores on valuing HRM and people as a source of competitive advantage were more likely to have high-involvement HRM strategies. These variables also had positive effects on firm performance. In addition, firms with high-involvement HRM strategies had better performance.

Keywords

PERSONNEL management, ORGANIZATIONAL behavior, STRATEGIC planning, TRANSITION economies, COMPETITIVE advantage, MANAGEMENT science, INTERNATIONAL business enterprises, CROSS-cultural studies, ORGANIZATIONAL structure

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