HRM Signals for the Capital Market
这篇概念性研究探讨了资本市场为何低估面向未来的人力资源管理实践，并基于信号理论提出一个模型，分析信号特征如何影响可持续信号关联，旨在帮助管理者设计适合资本市场的HRM信号。
This conceptual study contributes to an emerging literature at the intersection of strategic HRM and finance, which is concerned with the undervaluation of future‐oriented HRM practices in the capital market and consequent disincentives for managers to invest in such HRM practices. More specifically, the study contributes to a search for signals of HRM investments that the capital market either attends to or should attend to. It focuses on potential signals of high‐performance work systems ( HPWSs ), constituting an HRM investment that has been at the center of research in strategic HRM . Based on signaling theory, a model is proposed of relationships among three signal characteristics (signal fit, signal erosion, and signal diffusion) and sustainable signal correlation. The model provides a basis for the exploration of alternative strategies for the establishment of an HRM signal tailored specifically to the needs of the capital market. © 2015 Wiley Periodicals, Inc.