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Beyond ´revenue per head´?: human capital metrics, firm performance and the teaching of HRM in..

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Author Info

  • CRISTINA SIMON

    ()
    (Instituto de Empresa)

  • MARÃA DEL PILAR ROJO

    ()
    (Instituto de Empresa)

  • RAQUEL MARTIN

    ()
    (Instituto de Empresa)

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    Abstract

    The teaching of HRM has long faced reluctance among business school learners. In spite of the growing importance of people issues in business contexts, the lack of adequate measures and links between HRM and the finance arena largely prevents the subject from gaining salience in managers´ mindsets. The purpose of this study was to run a comparative analysis of the relationship between quantitative indicators of HRM practices and three different financial indicators: revenue per employee, HC ROI and EBITDA. To that purpose, we have used a database containing actual measures of HRM practices and outcomes for a sample of 144 companies.

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    File URL: http://latienda.ie.edu/working_papers_economia/WP07-05.pdf
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    Bibliographic Info

    Paper provided by Instituto de Empresa, Area of Economic Environment in its series Working Papers Economia with number wp07-05.

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    Length: 20 pages
    Date of creation: Mar 2007
    Date of revision:
    Handle: RePEc:emp:wpaper:wp07-05

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    Related research

    Keywords: Firm performance; Strategic HRM; Business school teaching;

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    1. Ichniowski, Casey & Shaw, Kathryn & Prennushi, Giovanna, 1997. "The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines," American Economic Review, American Economic Association, vol. 87(3), pages 291-313, June.
    2. David E. Guest & Jonathan Michie & Neil Conway & Maura Sheehan, 2003. "Human Resource Management and Corporate Performance in the UK," British Journal of Industrial Relations, London School of Economics, vol. 41(2), pages 291-314, 06.
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