Examining the role of human resources management in the company's financial performance based on the mediating role of staff cooperation
Examining the role of human resources management in the company's financial performance based on the mediating role of staff cooperation
Author(s): Kurbonalijon Zokirov, Guzal Yunusova, Islombek Abdikarimov, Oman Isarov, Ilkhom Rasulov, Layth Hussein AlzubaidiSubject(s): Economy, Business Economy / Management, Human Resources in Economy
Published by: Institute of Society Transformation
Keywords: Business Environment; Human Resource Management; HRM; Employee; Cooperation; Financial Performance; Intellectual Capital; Knowledge Management; Intangible Assets; Science and Technology Park of Uzbekistan
Summary/Abstract: Modern human resource management requires an approach that includes new intangible assets of the organization such as human resource innovations, relationships with employees and customers. In the economy based on human resource management, the role of intellectual capital in creating value for organizations can be considered greater than the role played by physical capital. Therefore, organizations need to systematically identify their human and intellectual capital in order to gain a sustainable competitive advantage. That is why the current research was conducted with the aim of investigating the relationship between human resource management and financial performance based on the mediating role of employees. The current research is of a descriptive correlation type from the point of view of practical purpose and the method of data collection. The statistical population of the current research was 345 employees of 125 financial companies located in the Science and Technology Park of Uzbekistan during 2022-2023. The sampling method was group and the sample size was determined through Cochran’s formula. In order to collect the desired information and measure the research variables, a standard questionnaire was used. LISREL 8.8 software was applied to analyze the data. The results of the path analysis showed that the dimensions of human resource management have a significant relationship with financial performance and employee cooperation.
Journal: Економічний часопис - ХХІ
- Issue Year: 208/2024
- Issue No: 03+04
- Page Range: 21-26
- Page Count: 6
- Language: English