초록

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Abstract ▼ AI-Helper

Since the currency crisis of 1997, Korean companies have, in order to restore their competitive advantage, rapidly discarded their traditional seniority-based HR practices and instead adopted performance-based HR practices. Even though there have been a plentiful body of research in the West confirm...

Since the currency crisis of 1997, Korean companies have, in order to restore their competitive advantage, rapidly discarded their traditional seniority-based HR practices and instead adopted performance-based HR practices. Even though there have been a plentiful body of research in the West confirming the positive relation between performance-based HR practices and firm performance, there have been few empirical studies done on whether the new systems have contributed to firm performance or not, in case of Korea. This study demonstrates that the performance-based HR practices can help Korean companies enhance their firm performance even under local business conditions that are different from the western ones. In addition, it shows that CEO"s support for the HRM department are critical factors in achieving its firm performance through successfully implementing performance-based HR practices.

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