HRM Practices and Organizational Performance: An Empirical Analysis
- Kodjo Ezane Joseph
- Changjun Dai
Abstract
We theorize about the assessment of HRM practices on perceptions of firm performance through Monte Carlo Method(MCM), and the Hausman’s Specification Test (HST) in the Ivorian framework. 320 enterprises were surveyed and
factor analysis of 13 bundles of HRM practices was undertaken. The confirmation of the findings through simulation
(MCM) permitted the examiner to authenticate the reliability of the results in using the HST. The results of this paper
highlight that in the Ivorian context there are significant connections between HRM practices and firm performance;
that the strategic alignment of HRM is also a driver for firm performance.
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