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Data · dataset · 2001

Corporate IHRM Practice and Financial Performance of Taiwanese Multinational Corporations

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The purpose of this study is to explore the impact of international human resources management on the financial performance of Taiwanese multinational corporations.

Description

Research literature indicates that some specific human resources practice is conducive for high corporate financial performance. These practices include selective recruitment, cross-function training, performance-based appraisal, competitive pay, stock option and bonus, participation management, teamwork, promotion from within, career planning, employment security, etc.

Using these human resources management practice developed a questionnaire. Two hundred and fifteen valid questionnaire were returned from the top one thousand corporations. Among them, 69 are from multinational corporations.

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The data from the questionnaire were matched with the financial information published by the China Credit Information Company. 1.High performance HRM activities can explain 49% variance of the corporate productivity. The variables with statistical significance are: (1) cross-function training (β= -.61) (2) performance-based appraisal (β= -.50) (3) competitive pay (β= .42) (4) stock option and bonus (β= .36) 2.High performance HRM activities can explain 35% variance of voluntary turnover.

The variables with statistical significance are: (1) competitive pay (β= -.29) (2) career planning (β= -.39) 3.High performance HRM can explain 47% variance of the corporate net income. The variables with statistical significance are: (1) cross-function training (β= -.48) (2)performance-based appraisal (β= -.50) (3)competitive pay (β= .59) 4.High performance HRM activities can explain 31% variance of the corporate return on net worth.

The variables with statistical significance are: (1) stock option and bonus (β=.41) (2) teamwork (β= .44)

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Provenance · 1 source records, 5 field assertions
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Harvard Dataversedoi:10.6141/TW-SRDA-E88065-114 d agoJSON v1
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