HR practices and New Zealand firm performance: What matters and who does it?

International Journal of Human Resource Management

Volumn 21, Issue 4, 2010, Pages 488-508

  Fabling, Richard ^a   Grimes, Arthur ^a  

^a MOTU ECONOMIC AND PUBLIC POLICY RESEARCH   (New Zealand)

Author keywords

Firm performance; High performance work systems; Performance pay

Indexed keywords

EID: 77951227625     PISSN: 09585192     EISSN: 14664399     Source Type: Journal    
DOI: 10.1080/09585191003611994     Document Type: Article

References (63)

1. Abowd, J., Haltiwanger, J., Lane, J., and Sandusky, K. (2001), Within and Between Firm Changes in Human Capital, Technology, and Productivity, Washington, DC: Urban Institute.
2. Addison, J., and Belfield, C. (2004), 'Unions, Training, and Firm Performance: Evidence from the British Workplace Employee Relations Survey,' IZA Discussion Paper No. 1264, Bonn.
3. Akerlof, G., and Yellen, J. (1986), Efficiency Wage Models of the Labor Market, Cambridge: Cambridge University Press.
4. Angrist, J., and Krueger, A. (2001), 'Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments,' Journal of Economic Perspectives, 15, 4, 69-86.
5. Appelbaum, E., Bailey, T., Berg, P., and Kalleberg, A. (2000), Manufacturing Advantage: Why High-performance Systems Pay Off, Ithaca, NY: Cornell University Press.
6. Barney, J.B. (2002), Gaining and Sustaining Competitive Advantage (2nd ed.), Upper Saddle River, NJ: Prentice Hall.
7. Becker, G. (1962), 'Investment in Human Capital: A Theoretical Analysis,' Journal of Political Economy, 70, 9-49.
8. Becker, G., and Gerhart, B. (1996), 'The Impact of Human Resource Management on Organizational Performance,' Academy of Management Journal, 39, 779-801.
9. Becker, G., and Huselid, M.A. (1998), 'High Performance Work Systems and Firm Performance: A Synthesis of Research and Managerial Implications,' in Research in Personnel and Human Resources (Vol. 16), ed. G.R. Ferris, Stamford, CT: JAI Press, pp. 53-101.
10. Bertrand, M., and Mullainathan, S. (2001), 'Do People Mean What They Say? Implications for Subjective Survey Data,' American Economic Review, 91, 2, 67-72.
11. Black, S., and Lynch, L. (1996), 'Human Capital Investments and Productivity,' American Economic Review, 86, 2, 263-267.
12. Black, S., and Lynch, L. (2001), 'How to Compete: The Impact of Workplace Practices and Information Technology on Productivity,' Review of Economics and Statistics, 83, 3, 434-445.
13. Black, S., and Lynch, L. (2004), 'What's Driving the New Economy?: The Benefits of Workplace Innovation,' Economic Journal, 114, 493, F97-F116.
14. Boxall, P., and Purcell, J. (2008), Strategy and Human Resource Management (2nd ed.), New York: Palgrave Macmillan.
15. Bryson, A., Forth, J., and Kirby, S. (2005), 'High Involvement Management Practices, Trade Union Representation and Workplace Performance in Britain,' Scottish Journal of Political Economy, 52, 3, 451-491.
16. Dearden, L., Reed, H., and van Reenan, J. (2000), 'Who Gains when Workers Train? Training and Corporate Productivity in a Panel of British Industries,' Working Paper 00/04, Institute for Fiscal Studies, London.
17. Edwards, P., and Ram, M. (2006), 'Surviving on the Margins of the Economy: Working Relationships in Small, Low-wage Firms,' Journal of Management Studies, 43, 4, 895-916.
18. Edwards, P., and Wright, M. (2001), 'High-Involvement Work systems and Performance Outcomes: The Strength of Variable, Contingent, and Context-bound Relationships,' International Journal of Human Resource Management, 12, 568-585.
19. Fabling, R., and Grimes, A. (2007), 'Practice Makes Profit: Business Practices and Firm Success,' Small Business Economics, 29, 4, 383-399.
20. Fabling, R., Grimes, A., and Stevens, P. (2008), 'A Comparison of Qualitative and Quantitative Firm Performance Measures,' Occasional Paper 08/04, Wellington: Ministry of Economic Development.
21. Fehr, E., and Gachter, S. (2000), 'Fairness and Retaliation: The Economics of Reciprocity,' Journal of Economic Perspectives, 14, 3, 159-181.
22. Fehr, E., and Gachter, S. (2002), 'Do Incentive Contracts Undermine Voluntary Cooperation?' Institute for Empirical Research in Economics, University of Zurich, Working Paper No. 34.
23. Freeman, R., and Lazear, E. (1995), 'An Economic Analysis of Works Councils,' in Works Councils, eds. J. Rogers and W. Streek, Chicago, IL: University of Chicago Press, pp. 27-52.
24. Gerfin, M. (2004), 'Work Related Training and Wages: An Empirical Analysis for Male Workers in Switzerland,' IZA Discussion Paper No. 1078, Bonn.
25. Gobbi, M. (1998), 'Participation in Post-Compulsory Education and Training in New Zealand,' Labour Market Bulletin, 1&2, 108-126.
26. Godard, J. (2001), 'Beyond the High-performance Paradigm? An Analysis of Managerial Perceptions of Reform Program Effectiveness,' British Journal of Industrial Relations, 38, 25-52.
27. Godard, J. (2004), 'A Critical Assessment of the High-performance Paradigm,' British Journal of Industrial Relations, 42, 2, 349-378.
28. Godard, J., and Delaney, J. (2000), 'Reflections on the High-performance Paradigm's Implications for HR as a Field,' Industrial and Labor Relations Review, 53, 482-502.
29. Guest, D., Michie, J., Way, N., and Sheehan, M. (2003), 'Human Resource Management and Corporate Performance in the UK,' British Journal of Industrial Relations, 41, 291-314.
30. Guthrie, J. (2001), 'High Involvement Work Practices, Turnover, and Productivity: Evidence from New Zealand,' Academy of Management Journal, 44, 1, 180-190.
31. Guthrie, J., Spell, C., and Nyamori, R. (2002), 'Correlates and Consequences of High Involvement Work Practices: The Role of Competitive Strategy,' International Journal of Human Resource Management, 13, 1, 183-197.
32. Haltiwanger, J., Lane, J., and Speltzer, J. (1999), 'Productivity Differences across Employers: The Roles of Employer Size, Age, and Human Capital,' American Economic Review, 89, 2, 94-98.
33. Haltiwanger, J., Lane, J., and Speltzer, J. (2000), 'Wages, Productivity, and the Dynamic Interaction of Businesses and Workers,' NBER Working Paper No. 7994 Cambridge, MA: NBER.
34. Harley, B., Allen, B.C., and Sargent, L.D. (2007), 'High-performance Work Systems and Employee Experience of Work in the Service Sector: The Case of Aged Care,' British Journal of Industrial Relations, 45, 3, 607-633.
35. Holmstrom, B., and Milgrom, P. (1994), 'The Firm as an Incentive System,' American Economic Review, 84, 972-991.
36. Huselid, M.A. (1995), 'The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance,' Academy of Management Journal, 38, 3, 635-672.
37. Ichniowski, C., Kochan, T., Levine, D., Olson, O., and Strauss, G. (1996), 'What Works at Work,' Industrial Relations, 35, 299-333.
38. Ichniowski, C., and Shaw, K. (2003), 'Beyond Incentive Pay: Insiders' Estimates of the Value of Complementary Human Resource Management Practices,' Journal of Economic Perspectives, 17, 1, 155-178.
39. Ichniowski, C., Shaw, K., and Prennushi, G. (1997), 'The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines,' American Economic Review, 87, 3, June, 291-313.
40. Kandel, E., and Lazear, E. (1992), 'Peer Pressure and Partnerships,' Journal of Political Economy, 100,801-817.
41. Kersley, B., Alpin, C., Forth, J., Bryson, A., Bewley, H., Dix, G., and Oxenbridge, S. (2006), Inside the Workplace: Findings from the 2004 Workplace Employment Relations Survey, London: Routledge.
42. Kintana, M., Alonso, A., and Olaverri, C. (2006), 'High Performance Work Systems and Firms' Operational Performance: The Moderating Role of Technology,' International Journal of Human Resource Management, 17, 1, 70-85.
43. Knuckey, S., and Johnston, H. (2002), Firm Foundations: A Study of New Zealand Business Practices and Performance, Wellington: Ministry of Economic Development.
44. Kochan, T., and Osterman, P. (1994), The Mutual Gains Enterprise, Boston, MA: Harvard Business School Press.
45. Kruse, D., Freeman, R., Blasi, J., Buchele, R., Scharf, A., Rodgers, L., and Mackin, C. (2003), 'Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance,' NBER Working Paper 10177, Cambridge, MA.
46. Lazear, E. (2000), 'Performance Pay and Productivity,' American Economic Review, 90, 5, December, 1346-1361.
47. Leckie, N., Leonard, A., Turcotte, J., and Wallace, D. (2001), 'Employer and Employee Perspectives on Human Resource Practices,' The Evolving Workplace Series No. 71-584-MIE No. 1, Statistics Canada.
48. Milgrom, P., and Roberts, J. (1990), 'The Economics of Modern Manufacturing: Technology, Strategy, and Organizations,' American Economic Review, 80, 511-528.
49. Milgrom, P., and Roberts, J. (1995), 'Complementarities and Fit: Strategy, Structure, and Organizational Change in Manufacturing,' Journal of Accounting and Economics, 19, 179-208.
50. Munasinghe, L., and O'Flaherty, B. (2005), 'Specific Training Sometimes Cuts Wages and Always Cuts Turnover,' Journal of Labor Economics, 23, 2, 213-233.
51. Nickell, S., and Nicolitsas, D. (2000), 'Human Capital, Investment and Innovation: What are the Connections?' in Productivity, Innovation and Economic Performance, eds. R. Barrell G. Mason and M. O'Mahony, Cambridge: Cambridge University Press, pp. 268-280.
52. Osterman, P. (2000), 'Work Reorganization in an Era of Restructuring,' Industrial and Labor Relations Review, 53, 179-196.
53. Purcell, J. (1999), 'Best Practice and Best Fit: Chimera or Cul-de-sac?' Human Resource Management Journal, 9, 26-41.
54. Snell, S., and Dean, J. (1992), 'Integrated Manufacturing and Human Resource Management: A Human Capital Perspective,' Academy of Management Journal, 35, 3, 467-504.
55. Spanos, Y.E., and Lioukas, S. (2001), 'An Examination into the Causal Logic of Rent Generation: Contrasting Porter's Competitive Strategy Framework and the Resource-based Perspective,' Strategic Management Journal, 22, 907-934.
56. Statistics New Zealand (2002), Business Practices Survey: Technical Report, Wellington.
57. Stock, J., and Watson, M. (2003), Introduction to Econometrics, Boston, MA: Addison-Wesley.
58. Teece, D.J., Pisano, G., and Shuen, A. (1997), 'Dynamic Capabilities and Strategic Management,' Strategic Management Journal, 18, 7, 509-533.
59. Therrien, P., and Leonard, A. (2003), 'Empowering Employees: A Route to Innovation,' The Evolving Workplace Series No. 71-584-MIE No. 8, Statistics Canada.
60. Wernefelt, B. (1984), 'A Resource-based View of the Firm,' Strategic Management Journal, 5, 171-180.
61. White, M., Hill, S., McGovern, P., Mills, C., and Smeaton, D. (2003), 'High-performance Management Practices, Working Hours and Work-Life Balance,' British Journal of Industrial Relations, 41, 2, 175-195.
62. Wood, S. (1999), 'Human Resource Management and Performance,' International Journal of Management Reviews, 1, 4, 367-413.
63. Youndt, M., Snell, S., Dean, J., and Lepak, D. (1996), 'Human Resource Management, Manufacturing Strategy and Firm Performance,' Academy of Management Journal, 39, 4, 836-866.