ELECTRN 6 Lecture Notes - Lecture 4: Signalling Theory, Organizational Culture, Human Capital
Document Summary
Greer, c. r. , carr, j. c. , & hipp, l. (2016) Small firms often have employees with unique skills and jobs in which there is only a single incumbent. The quality of the people acquitted through staffing provides the hr foundation on which these initiatives become possible. Such human capital is positively related to financial performance. Strategic importance of hr in explaining the relationship between strategy formulation and firm performance. The attention-based view (abv) predicts that when top executives see an issue or function, such as hr, as being important, they devote more attention to it. Our study makes a unique contribution by investigating whether small firms that are more strategic in their staffing have better performance than their less strategic counterparts. Some researchers have suggested that small firms may be more effective in recruiting and attracting candidates if they emphasize the uniqueness or distinctiveness of their organizational environments in their recruiting content or messaging.
