A Study of the Formality of Human Resource Management Practices in Small and Medium-Size Enterprises in Vietnam
研究了越南89家中小企业的人力资源管理正规化程度,发现企业规模越大正规化程度越高,且正规化与业主感知的企业绩效正相关。
One main challenge for human resource (HR) management in small and medium-size enterprises (SMEs) is to balance the formal policies and the informal culture of these smaller firms. While HR formality has remained a subject of much qualitative analysis, it has not received much quantitative analysis. Using a sample of 89 Vietnamese SMEs this study tested the level of formality as a dimension of HR management. The results supported our hypotheses that firm size is positively related to HR formality, and that HR formality is positively associated with owners’ perceptions of firm performance. This study provides important research implications as well as practical implications for managers and policy makers.