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Corporate governance, human capital resources, and firm performance: Exploring the missing links

Lajili, Kaouthar, Lin, Lauren Yu-Hsin, Rostamkalaei, Anoosheh (2020) Corporate governance, human capital resources, and firm performance: Exploring the missing links. Journal of General Management, 45 (4). pp. 192-205. ISSN 0306-3070. E-ISSN 1759-6106. (doi:10.1177/0306307019895949) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:90490)

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This study explores the associations between human capital resources, firm performance, and corporate governance mechanisms. Based on the survey results of the “50 most attractive employers” conducted by Universum Global 2010, human resource, performance, and governance data was collected for the period from 2007 to 2011. Drawing on the strategic human capital and resource management, international governance, and organizational literature, this study examines the extent to which corporate governance mechanisms moderate the relationships between firm performance and human capital resources and posits that human resource performance is positively associated with corporate governance mechanisms that support and enhance strategic human resource management policies. Panel regression analyses are conducted to test the study’s hypotheses. The results show that human capital resources are positively related to firm performance, and that some corporate governance mechanisms may negatively affect performance when interacted with human capital variables. Furthermore, human resource performance is significantly related to some governance mechanisms, with interaction effects between human capital and other organizational attributes showing differential impacts. Overall, the results support a contingency-based view of strategic human resource management in the context of large and attractive global employers and highlight the importance of governance design in supporting investments and deploying human resources and capabilities at the firm and industry levels and across national boundaries.

Item Type: Article
DOI/Identification number: 10.1177/0306307019895949
Uncontrolled keywords: corporate government; human capital resources; human resource performance; international governance; most attractive employer survey
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Anoosheh Rostamkalaei
Date Deposited: 30 Sep 2021 10:26 UTC
Last Modified: 04 Mar 2024 17:05 UTC
Resource URI: (The current URI for this page, for reference purposes)

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Rostamkalaei, Anoosheh.

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