The virtuous circle of human resource investments: A precrisis and postcrisis analysis
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Otros documentos de la autoría: Roca-Puig, Vicente; Bou-Llusar, Juan Carlos; Beltrán-Martín, Inmaculada; García-Juan, Beatriz
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8645
comunitat-uji-handle3:10234/8646
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Título
The virtuous circle of human resource investments: A precrisis and postcrisis analysisAutoría
Fecha de publicación
2018-09-17Editor
WileyCita bibliográfica
ROCA PUIG, Vicente; BOU LLUSAR, Juan Carlos; BELTRÁN MARTÍ, Inmaculada; GARCÍA JUAN, Beatriz (2019). The virtuous circle of human resource investments: A precrisis and postcrisis analysis. Human Resource Management Journal, 29, 2 , p. 181-198Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://onlinelibrary.wiley.com/doi/epdf/10.1111/1748-8583.12213Versión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
We propose a dynamic model of positive feedback between human resource (HR) investments and companies' economic performance. The model assumes that HR investment increases profitability through labor productivity and, ... [+]
We propose a dynamic model of positive feedback between human resource (HR) investments and companies' economic performance. The model assumes that HR investment increases profitability through labor productivity and, in turn, profitability improves HR investment through organizational slack. Based on data from a sample of 2,497 industrial companies over a 7‐year period (2005–2011), longitudinal analysis corroborates the existence of a two‐way relationship between HR investment and profitability over time. However, the emergence of an economic crisis weakens this feedback, identifying the effect of organizational slack on HR investment as the weakest causal chain link. In a postcrisis period, HR investment is not such a high priority for managers. [-]
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Human Resource Management Journal, 2019, 29, 2Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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