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The acid test for HR practices: Is it worth it?
Mälardalen University, School of Sustainable Development of Society and Technology. (Hållbar utveckling, arbetsliv, styrning/Mint)ORCID iD: 0000-0002-6006-188X
2006 (English)In: Managing Human Resources in Europe, London: Routledge, 2006, p. 151-176Chapter in book (Other academic)
Abstract [en]

The acid test for HR practices is: Is it worth it? The language of business is money. Increased cost pressure and competitiveness as well as the need to show the contribution to the overall organisational performance combined with an increasing importance of the economic logic in various segments of society lead to two major effects in HRM. HRM is increasingly viewed in economic terms. The intention in this chapter is to examine research on correlation between human resource investments and different outcomes, such as productivity and profitability, but primarily to elaborate on the different approaches to management control, specifically addressing human resources (HR). Before addressing these issues, however, we start with a brief overview of different proposals regarding management control and HR. The chapter concludes with a discussion focusing on the different approaches.

Place, publisher, year, edition, pages
London: Routledge, 2006. p. 151-176
Keywords [en]
Human resources, human resource investments, human resource costing and accounting, management control
National Category
Business Administration
Identifiers
URN: urn:nbn:se:mdh:diva-1459ISBN: 9780415351010 (print)OAI: oai:DiVA.org:mdh-1459DiVA, id: diva2:113588
Available from: 2008-10-22 Created: 2008-10-22 Last updated: 2014-02-27Bibliographically approved

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Johanson, Ulf

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CiteExportLink to record
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  • apa
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