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Cultural Factors that Positively and Negatively Impact Corporate Governance: Cases of Family-Controlled Firms in Brazil

Author

Listed:
  • Fernanda de Anchieta Gomes

    (Fucape Business School, Brazil)

  • Sergio Augusto Pereira Bastos

    (Fucape Business School, Brazil)

Abstract

This exploratory study evaluated the relationship between Human Resources (HR) practices, organizational climate, and employee well-being from the lens of the Social Exchange Theory. Therefore, data were analyzed using linear regression and structural equations. The results indicated that there is a positive impact of HR practices on both the organizational climate and employee well-being, as well as the organizational climate on well-being. However, the explanatory power of well-being was low, indicating the need for more customized human resources management. Additionally, HR practices and organizational climate sensitize well-being to a greater extent among women than men, suggesting that women may be able to absorb better the benefits of a friendly and contributory work environment. The study contributes to knowledge in people management oriented towards the well-being of employees.

Suggested Citation

Handle: RePEc:bco:mbrqaa::v:16:y:2020:p:1-13
DOI: 10.32038/mbrq.2020.16.01
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