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Cited by 277

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A resource‐based perspective on human capital losses, HRM investments, and organizational performance

Shaw, Jason D., Park, Tae‐Youn, Kim, Eugene·2013·Strategic Management Journal

Abstract

Reversing the focus on human capital accumulations in the resource‐based literature, the authors examine the issue of human capital losses and organizational performance. They theorize that human capital losses markedly diminish the inimitability of human capital stores initially, but that the negative effects are attenuated as human capital losses increase. They argue further that these effects are more dramatic when human resource management ( HRM ) investments are substantial. As predicted, Study 1 shows that the human capital losses (voluntary turnover rates)‐workforce performance relationship takes the form of an attenuated negative relationship when HRM investments are high. Study 2 shows stronger curvilinear effects of voluntary turnover rates on financial performance via workforce productivity under these conditions. Implications for resource‐based theory and strategic HRM are addressed.

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Metadata

Authors
Shaw, J. D., Park, T., & Kim, E.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2012-10-23
Volume
34
Issue
5
Pages
572-589
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W1833196884
Cited by
277
References
50
FWCI
25.04
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: A resource‐based perspective on human capital losses, HRM investments, and organizational performance. https://app.cochat.ai/papers/10.1002/smj.2025
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Shaw, J. D., Park, T., & Kim, E. (2013). A resource‐based perspective on human capital losses, HRM investments, and organizational performance. Strategic Management Journal. https://doi.org/10.1002/smj.2025

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.