Universalistic or contingency model? Contribution of HRM towards firms’ performance in Greece

Budhwar, Pawan and Katou, Anastasia (2006). Universalistic or contingency model? Contribution of HRM towards firms’ performance in Greece. IN: 48th annual meeting of the Academy of International Business. 2006-06-23 - 2006-06-26.

Abstract

This paper investigates the impact of HRM systems on organisational performance in a sample of 178 Greek manufacturing organisations. The results show strong support for the ‘universalistic’ model, highlighting that both resource-development and reward-relations systems are positively related with organisational performance. The results also show weak and partial support for the ‘contingency model’, i.e., resourcedevelopment and reward-relations systems are contingent on the business strategies of quality, innovation, and cost in determining organisational efficiency. The study concludes that the universalistic and contingency perspectives are not necessarily mutually exclusive but on the contrary are in some cases complementary.

Divisions: Aston Business School > Work & organisational psychology
Aston Business School
Aston Business School > Economics finance & entrepreneurship
Aston Business School > Work & organisational psychology research group
Additional Information: Published in Proceedings of the 48th Annual Meeting of the Academy of International Business
Event Title: 48th annual meeting of the Academy of International Business
Event Type: Other
Event Dates: 2006-06-23 - 2006-06-26
Full Text Link: http://aib.msu. ... proceedings.pdf
Related URLs:
Published Date: 2006
Authors: Budhwar, Pawan ( 0000-0001-8915-6172)
Katou, Anastasia

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