High‐performance work systems with internal and external contingencies: The moderating roles of organizational slack and industry instability
研究了高绩效工作系统对企业绩效的影响，发现组织冗余和行业不稳定性会调节这种关系，在资源充裕且行业动荡时效果最强。
Abstract When high‐performance work systems (HPWS) positively affect firm performance, both internal and external contingencies play potentially salient roles in its influence. Our study pays attention to organizational (unabsorbed) slack and industry instability as important boundary conditions in the relationship between HPWS and firm performance. Based on 307 Korean firms in 39 industries, our research found moderating effects of unabsorbed slack and industry instability in the relationship between HPWS and firm performance. We found that HPWS's positive effect on firm performance is strongest when a firm possesses more slack resources in an unstable industry.