Can high performance work systems really lead to better performance?

Hsi-An Shih, Yun Hwa Chiang, Chu Chun Hsu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper presents a theoretical model of the core constituents of high-performance work system (HPWS) and examines their effect on firm performance. The model incorporates the universalistic and the configurational perspectives of strategic human resource management. The effect of HPWS on firm performance is empirically tested using data collected from publicly-listed companies in Taiwan and multinational companies¡ branch offices in Taiwan. Initial factor analysis on HPWS practices supports our model¡s construct. Using the structural equation modeling technique, i.e., AMOS 4.0, better-performing firms were found to invest in more sophisticated HRM practices, which, in turn, further enhanced organizational performance. Such findings tentatively verify the causal effect of HPWS on firm performance. Contributions and limitations of this study are discussed.

Original languageEnglish
Title of host publicationAcademy of Management 2005 Annual Meeting
Subtitle of host publicationA New Vision of Management in the 21st Century, AOM 2005
Publication statusPublished - 2005
Event65th Annual Meeting of the Academy of Management, AOM 2005 - Honolulu, HI, United States
Duration: 2005 Aug 52005 Aug 10

Other

Other65th Annual Meeting of the Academy of Management, AOM 2005
CountryUnited States
CityHonolulu, HI
Period05-08-0505-08-10

Fingerprint

High performance work systems
Firm performance
Taiwan
Multinational companies
Strategic human resource management
Systems practice
HRM practices
Factor analysis
Structural equation modeling
Causal effect
Listed companies
Organizational performance

All Science Journal Classification (ASJC) codes

  • Information Systems and Management

Cite this

Shih, H-A., Chiang, Y. H., & Hsu, C. C. (2005). Can high performance work systems really lead to better performance? In Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005
Shih, Hsi-An ; Chiang, Yun Hwa ; Hsu, Chu Chun. / Can high performance work systems really lead to better performance?. Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005. 2005.
@inproceedings{738cdf7b5f2e4dda9d0343aa56debe4a,
title = "Can high performance work systems really lead to better performance?",
abstract = "This paper presents a theoretical model of the core constituents of high-performance work system (HPWS) and examines their effect on firm performance. The model incorporates the universalistic and the configurational perspectives of strategic human resource management. The effect of HPWS on firm performance is empirically tested using data collected from publicly-listed companies in Taiwan and multinational companies¡ branch offices in Taiwan. Initial factor analysis on HPWS practices supports our model¡s construct. Using the structural equation modeling technique, i.e., AMOS 4.0, better-performing firms were found to invest in more sophisticated HRM practices, which, in turn, further enhanced organizational performance. Such findings tentatively verify the causal effect of HPWS on firm performance. Contributions and limitations of this study are discussed.",
author = "Hsi-An Shih and Chiang, {Yun Hwa} and Hsu, {Chu Chun}",
year = "2005",
language = "English",
booktitle = "Academy of Management 2005 Annual Meeting",

}

Shih, H-A, Chiang, YH & Hsu, CC 2005, Can high performance work systems really lead to better performance? in Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005. 65th Annual Meeting of the Academy of Management, AOM 2005, Honolulu, HI, United States, 05-08-05.

Can high performance work systems really lead to better performance? / Shih, Hsi-An; Chiang, Yun Hwa; Hsu, Chu Chun.

Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005. 2005.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

TY - GEN

T1 - Can high performance work systems really lead to better performance?

AU - Shih, Hsi-An

AU - Chiang, Yun Hwa

AU - Hsu, Chu Chun

PY - 2005

Y1 - 2005

N2 - This paper presents a theoretical model of the core constituents of high-performance work system (HPWS) and examines their effect on firm performance. The model incorporates the universalistic and the configurational perspectives of strategic human resource management. The effect of HPWS on firm performance is empirically tested using data collected from publicly-listed companies in Taiwan and multinational companies¡ branch offices in Taiwan. Initial factor analysis on HPWS practices supports our model¡s construct. Using the structural equation modeling technique, i.e., AMOS 4.0, better-performing firms were found to invest in more sophisticated HRM practices, which, in turn, further enhanced organizational performance. Such findings tentatively verify the causal effect of HPWS on firm performance. Contributions and limitations of this study are discussed.

AB - This paper presents a theoretical model of the core constituents of high-performance work system (HPWS) and examines their effect on firm performance. The model incorporates the universalistic and the configurational perspectives of strategic human resource management. The effect of HPWS on firm performance is empirically tested using data collected from publicly-listed companies in Taiwan and multinational companies¡ branch offices in Taiwan. Initial factor analysis on HPWS practices supports our model¡s construct. Using the structural equation modeling technique, i.e., AMOS 4.0, better-performing firms were found to invest in more sophisticated HRM practices, which, in turn, further enhanced organizational performance. Such findings tentatively verify the causal effect of HPWS on firm performance. Contributions and limitations of this study are discussed.

UR - http://www.scopus.com/inward/record.url?scp=84859025940&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84859025940&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:84859025940

BT - Academy of Management 2005 Annual Meeting

ER -

Shih H-A, Chiang YH, Hsu CC. Can high performance work systems really lead to better performance? In Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005. 2005