Human Resource Management Practices and Performance of Firms Listed on the Nairobi Securities Exchange

Citation:
K'Obonyo PO, Sagwa VE, Ogutu M. "Human Resource Management Practices and Performance of Firms Listed on the Nairobi Securities Exchange." DBA Africa Management Review. 2015.

Abstract:

Most research demonstrating the link between (HRMP) and firm performance has focused on the private sector, yet understanding this relationship in publicly listed firms, in the Developing World setting is equally important. The role of HRMP on firm performance of the NSE listed firms has not been established using the selected set of variables, yet theory has demonstrates that these HRMP can have an effect on firm performance. This study was motivated by the desire to fill this gap in knowledge. The study objective was to establish the relationship between HRMP and firm performance. The research design was cross sectional descriptive survey. Data was collected using a self-administered questionnaire, from a population of 60 NSE listed firms. The response rate was 60%. Simple linear regression was used to analyze the data. The results of the study show a statistically significant relationship between HRMP and performance of firms listed on the Nairobi Securities Exchange. This study contributes to understanding of the link between HRMP and firm performance, while at the same time confirms the findings of previous studies that have found a significant link between HRMP and firm performance. It was recommended that firms have to ensure that the HRMP that they adopt assist them to attain and sustain a superior competitive advantage in their operations.

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