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HRM retrenchment practices and firm performance in times of economic downturn: exploring the moderating effects of family involvement in management

机译:经济低迷时期的人力资源管理裁员做法和公司绩效:探索家族参与管理的适度影响

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摘要

A substantial number of studies have indicated a significant negative relationship between human resource management (HRM) retrenchment practices such as downsizing, and firm performance. However, a consideration of the potential effects of business family involvement in management is largely absent from the general employment restructuring literature. Using a sample of 218 Taiwanese publicly listed firms, this study seeks to further our understanding in this area by examining the moderating effects of family involvement in management on the relationship between the adoption of HRM retrenchment practices and firm performance during the period of global economic downturn that erupted in the middle of 2008. Data analysis reveals that HRM retrenchment practices had a negative influence on firm performance, and that the relationship between HRM retrenchment practices and firm performance was negatively and significantly moderated by family involvement in management.
机译:大量研究表明,人力资源管理(HRM)裁员实践(例如裁员)与公司绩效之间存在显着的负相关关系。但是,在一般的就业结构调整文献中,基本上没有考虑到企业家族参与管理的潜在影响。本研究以218家台湾上市公司为样本,通过研究家族参与管理对全球经济衰退期间人力资源管理缩减措施的采用与公司绩效之间的关系的调节作用,来增进我们在这一领域的理解。数据分析显示,HRM裁员实践对公司绩效具有负面影响,HRM裁员实践与公司绩效之间的关系受到家族参与管理的负面影响和明显缓解。

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