2006
DOI: 10.1111/j.1540-627x.2006.00181.x
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Professional HRM Practices in Family Owned-Managed Enterprises*

Abstract: This study examines determinants of professional human resource management (HRM) practices within a sample of approximately 700 small to medium-sized firms. Predictions from the agency theory and the resource-based view of organizations lead to alternate hypotheses regarding the direct and indirect negative effects of family ownership and management on the usage of professional HRM practices. Results support predictions for both direct and indirect effects. These indirect effects occur through intermediary var… Show more

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Cited by 233 publications
(214 citation statements)
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References 41 publications
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“…Different sizes of firms and firms in different sectors of the economy have different HRM (Kinnie, Hutchinson, Purcell, Rayton, & Swart, 2005;de Kok, Uhlaner, & Thurik, 2006). …”
Section: Contextmentioning
confidence: 99%
“…Different sizes of firms and firms in different sectors of the economy have different HRM (Kinnie, Hutchinson, Purcell, Rayton, & Swart, 2005;de Kok, Uhlaner, & Thurik, 2006). …”
Section: Contextmentioning
confidence: 99%
“…Jennings et al 2009). These MUFs may decide to develop their own best practice system (with or without the help of a consultant), but this incurs high development costs in terms of time and money (De Kok et al 2006;Jennings et al 2009). These costs may be problematic for the medium-size MUFs since-just as many other small-and medium-size enterprises or SMEs-they are likely to suffer from resource limitations and lack of economies of scale (De Kok et al 2006;Jennings et al 2009).…”
Section: Hrm In Medium-size and Larger Mufsmentioning
confidence: 99%
“…Where managerial skills and capacity are concerned, small firms are likely to suffer greater resource poverty than medium-sized firms and large firms (de Kok et al, 2006;Storey and Westhead, 1997). This will limit their scope to recruit the specialist managerial expertise necessary to ensure HPWS are implemented and operationalised in a manner that enables their performance-enhancing potential to be maximised (Patel and Conklin, 2012: 208).…”
Section: Hypothesis 1: Hpws Are Positively Related With Performance Imentioning
confidence: 99%