Competency management and the financial results of the foreign subsidiaries of Polish MNCs: The empirical research findings

2021 ◽  
pp. 1-13
Author(s):  
Marzena Stor ◽  
Łukasz Haromszeki

BACKGROUND: Competency management (CM) is one of the basic subfunctions of HRM, which can significantly affect the results achieved by organizations. This is because the competencies of employees have become the key capital of enterprises and a factor of their success. Research on the relationships between CM and organizational performance results in Polish MNCs creates a research gap due to the object and subject of research. OBJECTIVE: The main goal of the article is to identify the potential regularities that may exist between the advancement level of CM and its composing activities and the company financial performance results. Of particular interest are the relationships that may appear between the studied variables in the context of their relationships with other subfunctions of HRM and the significance of human capital as a competitive factor. METHODS: The research sample includes 200 non-financial business entities with Polish capital, whose headquarters are in Poland, and local subsidiaries are located outside the country. The research was conducted using CATI and CAWI methods. Descriptive and correlation statistics were used to analyze the collected empirical data. RESULTS: Two fundamental regularities are observable. It turns out that the higher the advancement level of activities within CM, and in particular its links with other HRM subfunctions, the better the financial results of enterprises. CONCLUSIONS: The empirical research results lead to the conclusion that human capital is treated as a company’s competitive factor, and CM is of significant meaning to the financial results of the organization.

Author(s):  
Marzena Stor ◽  
Łukasz Haromszeki

The main goal of the paper is to identify, analyze, and compare the relationships between the activities in the field of HRM and performance results of MNCs in Eastern and Western Europe with a view to the value ascribed to human resources as a strategic competitive factor, HRM centralization practices and the importance of HRM knowledge flows between the headquarters (HQ) and their subsidiaries. The research sample covered 200 HQs of MNCs and their local subsidiaries. The empirical research results show that there are some identifiable and statistically significant differences between MNCs operating in Eastern and Western Europe within the range of relationships defined above. Our study, therefore,represents an original effort at examining these relationships.


2008 ◽  
Vol 22 (2) ◽  
pp. 89-108
Author(s):  
Jeon Byul ◽  
Moon Kwang Min ◽  
Jeong Youn Baek ◽  
Sohn Ho Sung

This study analyzes the impacts of the intellectual capitals of the Korea Intellectual Property Office (KIPO) on organizational performance. In particular, the following have been analyzed: how KIPO's human capital, structural capital, and relational capital affect the activities of the organization's knowledge management; to what degree the levels of knowledge management activities affect the organization's performance; and to what extent the organization's performance varies in accordance with KIPO's intellectual capital levels. This study conducted empirical research and analysis of how the intellectual capitals that KIPO possesses activate knowledge management activities, and which intellectual capitals influence knowledge management and organizational performance. Furthermore, it derived strategic suggestions that can be used for making successful policy on intellectual capital management. The results of the study revealed that in order to enhance organizational performance, KIPO needs to make efforts to promote cognition on the importance of intellectual capitals that it holds, and adopt operational methods to raise the level of relational capitals.


2020 ◽  
Vol 12 (5) ◽  
pp. 1911 ◽  
Author(s):  
Miloš Arsić ◽  
Zoran Jovanović ◽  
Radoljub Tomić ◽  
Nena Tomović ◽  
Siniša Arsić ◽  
...  

In this research paper, various impacts on economic sustainability of small and medium-sized companies are analyzed. This research determined a research gap, by defining a statistically significant difference in business performance between SMEs (small and medium sized businesses) with their own logistics capacities and those which decided to outsource capacities. Impacts of key business factors were measured by quantitative research by using linear regression, on a sample of 340 SMEs from Serbia. These factors are related to market aspects, SME position within a supply chain, but also to internal aspects of the company itself. Empirical research findings suggested that ownership of logistics capacity can have an impact on economic sustainability of SMEs, measured through solvency and profitability. Future research regarding this topic can be diversified through efforts of internationalization of SMEs, or through comparison with large companies in terms of impacts on economic sustainability.


2021 ◽  
Vol 24 (1) ◽  
pp. 66-83
Author(s):  
Agnieszka Bieńkowska ◽  
Katarzyna Tworek ◽  
Anna Zabłocka-Kluczka

Controlling is a method, which is most often used in contemporary organizations. The expectation of improvement of the organization’s results is the most important reason of controlling implementation. The relation between controlling use and organizational performance is often taken for granted, however there are no comprehensive research explaining in detail how it affects results of organization functioning. The article attempted to fill in the existing research gap and explain how controlling affects results of organization functioning. The analysis concerned the impact of controlling use on both job performance and organizational performance. Since the job performance in case of controlling is increasingly dependent on the IT solutions, the analysis concerned the impact of IT reliability and User Experience (UX) on the developed model of the controlling influence on organizational performance. In that context the aim of the article was to clarify the mechanism of controlling use influence on organizational performance – considering the mediating role of job performance of employees and moderating role of IT solutions (the impact of UX and IT reliability on the relations between controlling, job performance and organizational performance). Formulated hypotheses were verified empirically on the sample of 637 organizations (349 operating in Poland and 288 operating in Switzerland). The presented results of empirical research allowed for the construction of a mediating model demonstrating the impact of controlling use on both job performance and organizational performance and shown that UX and IT reliability are moderators of the relation between the controlling use and job performance, and the relation between job performance and organizational performance.


2018 ◽  
Vol 11 (3) ◽  
pp. 146-152
Author(s):  
L. M. Baburyan

The subject of the research is tax consulting aimed at ensuring the proper business activity of organizations. The purpose of the research was is to substantiate the need for the tax consulting as a special tool for supporting corporate business activities. The paper deals with the current specifics of the tax consulting as a separate area of the service economy within the framework of the service-dominant logic concept that reflects the degree of involvement of all participants of financial relations in the tax consulting processes. From the standpoint of institutionalism, the tax consulting institution is regarded as a financial intermediary performing mediation or auxiliary functions to ensure interactions between basic agents of the economic system, in particular, communications between the state and business entities. Based on the research findings, it is concluded that a developed tax consulting institution as an integrated attribute of the tax system determines the levels of corporate business activities and business development. The research findings are intended for participants of the tax consulting and auditing market.


Author(s):  
Kadarkarai Arunkumar ◽  
Muthiah Muthukannan ◽  
Arunachalam Suresh Kumar ◽  
Arunasankar Chithambar Ganesh ◽  
Rangaswamy Kanniga Devi

The waste disposal issues were the most severe problems that could cause global warming, which depletes the environment. The research hypothesis was to find the suitability and sustainability of utilizing the waste by-products in the invention of green geopolymer concrete to eliminate the tremendous effects caused by the wastes. Due to the increased demand for fly ash in recent years, the requirement of high alkaline activators, and elevated temperature for curing, there was a research gap to find an alternative binder. The novelty of this research was to utilize the waste wood ash, which is available plenty in nearby hotels and has an inbuilt composition of high potassium that can act as a self alkaline activator. Waste wood ash procured from the local hotels was replaced with fly ash by 0 to 100% at 10% intervals. The setting and mechanical characteristics were found on the prolonged ages to understand the influence of waste wood ash. Microstructural characterization was found using Scanning Electron Microscope and X-Ray Diffraction Analysis to define the impact of waste wood ash in the microstructure. The research findings showed that replacing 30% waste wood ash with fly ash attained better performance in setting properties and all mechanical parameters. The obtained optimum mix could provide the best alternative for fly ash in geopolymer to eliminate the economic thrust by the requirement of alkaline activators and deploy the environmental impact caused by the waste wood ash.


Erdkunde ◽  
2021 ◽  
Vol 75 (1) ◽  
pp. 51-60
Author(s):  
Birgit Glorius ◽  
Miriam Bürer ◽  
Hanne Schneider

Research on integration processes of migrants has until recently remained on geographical levels of observation which are not apt to reveal and explain the variety of local integration trajectories. Furthermore, most research has focused on the role of migrants within these processes, while the attitudes and behaviours of the receiving society have been rarely addressed. This research gap concerns in particular rural areas since those areas have been widely left out of migration research. This article addresses those research gaps and develops a concept for the empirical research of local receptivity processes.


1998 ◽  
Vol 3 (4) ◽  
pp. 26-36 ◽  
Author(s):  
Paul Marsden

This paper argues that despite 50 years of empirical research, the phenomenon of social contagion is still poorly understood. Social contagion research has produced an eclectic, largely confused and jumbled body of evidence that lacks any comprehensive organising principle or conceptual framework. Whilst the great majority of this empirical research has identified and confirmed existence of the social contagion phenomenon, results have been undermined because the phenomenon itself has been variously and ambiguously defined and operationalised. This has meant that the potential radical implications of social contagion research findings for an orthodox understanding of the human individual as a rational Cartesian agent, have been largely ignored. It is suggested that the emerging evolutionary paradigm of memetics may providea novel conceptual framework for understanding and explaining the empirical phenomenon of social contagion, by understanding it as the observable action of selfish memes replicating through a population. The article concludes by proposing a memetic theory of social contagion, and ends with a call for the synthesis of the two bodies to create a comprehensive body of theoretically informed research.


2018 ◽  
Vol 2018 (97 (153)) ◽  
pp. 115-139
Author(s):  
Elżbieta Szczepankiewicz

The presence of contemporary entities in the cyber-space shows that IT offers unlimited possibilities of running a business and developing an organisation. On the other hand, it involves a greater number of internal and external threats in the area of accounting information resources security. The objective of the paper is to diagnose the current level of accounting information resources security (AIRS) assurance in Polish business entities. The paper analyses two research hypotheses. In accordance with the first one, the AIRS assurance level in various entity groups may be different, even though all entities should have implemented the same requirements of the Accounting Act in the analyzed area. The identified differences may result from the effect of additional, industry-specific regulations. The other hypothesis claims that in the private business area, accounting and auditing companies adhere to AIRS regulations more strictly than other small and medium enterprises. The paper defines the fundamental factors affecting the functioning of corporate accounting systems in the three dimensions of the cyber-space. Subsequently, the author presents the results of empirical research on how corporate information security is ensured in the context of internal accounting control systems and the requirements of the Polish Accounting Act. The results of the empirical research show how the management of the analysed entities crafts the basic elements of their internal environment as well as internal communication and control processes connected with ensuring information resources security. The results also show the management’s approach to various aspects of risk management of accounting information resources security, as well as to adherence to organisational and administrative procedures, and to hardware and software safeguards in the IT environment of the accounting system. The issues analysed in the present paper open a scholarly discussion that should lead to the development of theoretical models, recommendation of efficient methods and tools, as well as indication of adequate legislative initiatives. Research methods used by the author include analysis of literature and legislation, analysis of survey results, deduction and inference.


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