ISSN 2394-5125
 

Research Article 


DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE

Kengatharan, N.

Abstract
By synthesising knowledge-based theory of the firm, organizational alignment theory and
contingency theory, the present study aims at establishing the nexus among HRM practices, business strategy,
culture and firm performance. Data were garnered with the aid of a self-reported questionnaire from 147 firmsí
managers working in Sri Lanka. Having confirmed the reliability and validity of the scales, the hypotheses were
tested using the most powerful PLS-SEM approach. The results reveal that HRM practices were accounted for
significant variance in innovation, quality enhancement and cost reduction. The study further confirms the
moderating effects of power distance and uncertainty avoidance on the relationship between HRM practices and
innovation and quality enhancement. Notably, the study discloses that HRM practices influence firm
performance via business strategy. The present study has made overarching contributions to the frontiers of
organisation literature and provided several fruitful practical implications for managers, administrators and
practitioners.

Key words: Business strategy, Cost reduction, Firm performance, HRM practices, Innovation, Quality enhancement


 
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Pubmed Style

Kengatharan, N. DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. JCR. 2020; 7(19): 6900-6913. doi:10.31838/jcr.07.19.793


Web Style

Kengatharan, N. DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. http://www.jcreview.com/?mno=135308 [Access: August 17, 2021]. doi:10.31838/jcr.07.19.793


AMA (American Medical Association) Style

Kengatharan, N. DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. JCR. 2020; 7(19): 6900-6913. doi:10.31838/jcr.07.19.793



Vancouver/ICMJE Style

Kengatharan, N. DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. JCR. (2020), [cited August 17, 2021]; 7(19): 6900-6913. doi:10.31838/jcr.07.19.793



Harvard Style

Kengatharan, N (2020) DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. JCR, 7 (19), 6900-6913. doi:10.31838/jcr.07.19.793



Turabian Style

Kengatharan, N. 2020. DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. Journal of Critical Reviews, 7 (19), 6900-6913. doi:10.31838/jcr.07.19.793



Chicago Style

Kengatharan, N. "DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE." Journal of Critical Reviews 7 (2020), 6900-6913. doi:10.31838/jcr.07.19.793



MLA (The Modern Language Association) Style

Kengatharan, N. "DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE." Journal of Critical Reviews 7.19 (2020), 6900-6913. Print. doi:10.31838/jcr.07.19.793



APA (American Psychological Association) Style

Kengatharan, N (2020) DOES NATIONAL CULTURE MATTER? THE INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON BUSINESS STRATEGY AND FIRM PERFORMANCE. Journal of Critical Reviews, 7 (19), 6900-6913. doi:10.31838/jcr.07.19.793