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The impact of human resource management practices on SMEs performance in Romania

Author

Listed:
  • Ana-Maria BERCU

    (Alexandru Ioan Cuza University of Iasi)

Abstract

A critical reading of the academic literature shows that the relationship between human resource management and firm effectiveness is a phenomenon with major implications on organizational performance. A study realized by Bryson (1999) in the UK over 178 SMEs revealed that different practices of human resource management affect their performance differently. In the EU countries, SMEs have a share of over 99% of the total number of enterprise, producing 58% of the value added of the economy and provides more than two thirds of total employment, as reflected in official statistics of Europe. Using a methodological approach based on theoretical analysis, empirical studies, statistics, data and information provided by the European Commission, National Council of Private Small and Medium Enterprises in Romania, our research shows that positive effects can be generated by using human resource management practices on organizational performance of SMEs in Romania.

Suggested Citation

  • Ana-Maria BERCU, 2012. "The impact of human resource management practices on SMEs performance in Romania," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 376-383, May.
    • Handle: RePEc:tdt:annals:v:xviii:y:2012:p:376-383
    as

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    File URL: http://fse.tibiscus.ro/RePEc/tdt/annals/pdf/057.pdf
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    References listed on IDEAS

    as
    1. Robert E. Quinn & John Rohrbaugh, 1983. "A Spatial Model of Effectiveness Criteria: Towards a Competing Values Approach to Organizational Analysis," Management Science, INFORMS, vol. 29(3), pages 363-377, March.
    2. Hiltrop, Jean-Marie, 1996. "The impact of human resource management on organisational performance: Theory and research," European Management Journal, Elsevier, vol. 14(6), pages 628-637, December.
    3. John M. Abowd, 1990. "Does Performance-Based Managerial Compensation Affect Corporate Performance?," ILR Review, Cornell University, ILR School, vol. 43(3), pages 52, April.
    4. Jerome A. Katz & Howard E. Aldrich & Theresa M. Welbourne & Pamela M. Williams, 2000. "Guest Editor's Comments Special Issue on Human Resource Management and the SME: Toward a New Synthesis," Entrepreneurship Theory and Practice, , vol. 25(1), pages 7-10, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    HRM; small and medium business; context; effectiveness; administration;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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