Abstract
The strategic importance of human resources (HR) and their contribution to the organizational performance are receiving increasing recognition worldwide. In this study, we examined strategic human resource management (SHRM) and HR practices in Turkey to assess the impact of these practices on financial/market performance, operational performance, job satisfaction, and turnover. Empirical results from a sample of Turkey's Top 500 firms-2007 demonstrate that SHRM and selection/development practices have direct and positive effects on financial/market performance and operational performance. However, only selection/development practices are found to have a positive effect on turnover.
Acknowledgements
We would like to thank Dr. Umit Ozturk for data collection and Dr. Unsal Sigri and Dr. Akif Tabak for their contribution to the earlier version of this paper.
Notes
1. Earlier versions of this paper were presented at 16th National Management and Organization Congress May 16–18, 2008 and International Academy of Management and Business Conference October 12–14, 2009.