IDEAS home Printed from https://ideas.repec.org/a/tuz/journl/v20y2022i2p65-78.html
   My bibliography  Save this article

Sustainable Human Resource Management Relationship With The Human Resource Risk Reduction

Author

Listed:
  • Azra Ahmic

    (International University of Sarajevo, Faculty of Business and Administration, Bosnia and Herzegovina)

  • Selma Smajlovic

    (University of Tuzla, Faculty of Economics, Bosnia and Herzegovina)

Abstract

Being exposed to tempestuous transformations and complexities in environment, contemporary enterprises are characterized by grand extent of suspense, unsteadiness and changeability. Increased number of risks, especially with regard to managing human resources, do not cause only temporarily troubles for standard business activities, but can be much more devastating - calling into question company's survival. The true objective of this paper was to discover if shaping human resource management in a sustainable manner (with long- term perspective) leads to human resource risk reduction. Grounded on the collected data by 65 human resource managers, hierarchical regression approach was employed as the analysis technique. The research outcomes disclosed that sustainable human resource management has a significant and positive relationship with human resource risks reduction. Multitude contributions were made by this study - initially, it validated of the sustainable human resource management research instrument; secondly, it upgraded the literature on sustainable human resource management and human resource risks; and finally, it empirically proved that there is a positive and significant relationship between sustainable human resource management and human resource risks reduction.

Suggested Citation

  • Azra Ahmic & Selma Smajlovic, 2022. "Sustainable Human Resource Management Relationship With The Human Resource Risk Reduction," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 20(2), pages 65-78, November.
    • Handle: RePEc:tuz:journl:v:20:y:2022:i:2:p:65-78
    as

    Download full text from publisher

    File URL: http://ef.untz.ba/wp-content/uploads/2023/05/6_ER_DOI_pp.65_78.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bruce Kogut & Nalin Kulatilaka, 2001. "Capabilities as Real Options," Organization Science, INFORMS, vol. 12(6), pages 744-758, December.
    2. Saqib Yaqoob Malik & Yukun Cao & Yasir Hayat Mughal & Ghulam Muhammad Kundi & Mudassir Hayat Mughal & T. Ramayah, 2020. "Pathways towards Sustainability in Organizations: Empirical Evidence on the Role of Green Human Resource Management Practices and Green Intellectual Capital," Sustainability, MDPI, vol. 12(8), pages 1-24, April.
    3. Aneta Maria Pisarska & Joanna Iwko, 2021. "The Aspects of Corporate Social Responsibility in the Job Candidates’ Recruitment and Selection Processes in a Teal Organization," Sustainability, MDPI, vol. 13(23), pages 1-23, November.
    4. Ina Ehnert & Wes Harry & Klaus J. Zink, 2014. "Sustainability and HRM," CSR, Sustainability, Ethics & Governance, in: Ina Ehnert & Wes Harry & Klaus J. Zink (ed.), Sustainability and Human Resource Management, edition 127, pages 3-32, Springer.
    5. Paul J. Gollan & Ying Xu, 2014. "Fostering Corporate Sustainability," CSR, Sustainability, Ethics & Governance, in: Ina Ehnert & Wes Harry & Klaus J. Zink (ed.), Sustainability and Human Resource Management, edition 127, pages 225-245, Springer.
    6. Zuzana Stofkova & Viera Sukalova, 2020. "Sustainable Development of Human Resources in Globalization Period," Sustainability, MDPI, vol. 12(18), pages 1-14, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Astrid Kainzbauer & Parisa Rungruang, 2019. "Science Mapping the Knowledge Base on Sustainable Human Resource Management, 1982–2019," Sustainability, MDPI, vol. 11(14), pages 1-22, July.
    2. Natàlia Cugueró-Escofet & Pilar Ficapal-Cusí & Joan Torrent-Sellens, 2019. "Sustainable Human Resource Management: How to Create a Knowledge Sharing Behavior through Organizational Justice, Organizational Support, Satisfaction and Commitment," Sustainability, MDPI, vol. 11(19), pages 1-20, September.
    3. Muhammad Mohiuddin & Elahe Hosseini & Sedigheh Bagheri Faradonbeh & Mehdi Sabokro, 2022. "Achieving Human Resource Management Sustainability in Universities," IJERPH, MDPI, vol. 19(2), pages 1-19, January.
    4. Živilė Stankevičiūtė & Asta Savanevičienė, 2018. "Raising the Curtain in People Management by Exploring How Sustainable HRM Translates to Practice: The Case of Lithuanian Organizations," Sustainability, MDPI, vol. 10(12), pages 1-31, November.
    5. Jan Willem Nuis & Pascale Peters & Rob Blomme & Henk Kievit, 2021. "Dialogues in Sustainable HRM: Examining and Positioning Intended and Continuous Dialogue in Sustainable HRM Using a Complexity Thinking Approach," Sustainability, MDPI, vol. 13(19), pages 1-20, September.
    6. Prelipcean, Gabriela & Boscoianu, Mircea, 2019. "Aspect Regarding the Design of Active Strategies for Venture Capital Financing – the Flexible Adjustment for Romania as a Frontier Capital Market," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2019), Rovinj, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Rovinj, Croatia, 12-14 September 2019, pages 187-196, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    7. Estrada, Isabel & de la Fuente, Gabriel & Martín-Cruz, Natalia, 2010. "Technological joint venture formation under the real options approach," Research Policy, Elsevier, vol. 39(9), pages 1185-1197, November.
    8. Yadong Luo & Huan Zhang & Juan Bu, 2019. "Developed country MNEs investing in developing economies: Progress and prospect," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(4), pages 633-667, June.
    9. Arman Avadikyan & Patrick Llerena, 2009. "Socio-technical transition processes: A real option based reasoning," Working Papers of BETA 2009-21, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    10. Wooster, Rossitza B. & Blanco, Luisa & Sawyer, W. Charles, 2016. "Equity commitment under uncertainty: A hierarchical model of real option entry mode choices," International Business Review, Elsevier, vol. 25(1), pages 382-394.
    11. Maria Järlström & Essi Saru & Sinikka Vanhala, 2018. "Sustainable Human Resource Management with Salience of Stakeholders: A Top Management Perspective," Journal of Business Ethics, Springer, vol. 152(3), pages 703-724, October.
    12. Shao-Long Li & Fang Sun & Mingze Li, 2019. "Sustainable Human Resource Management Nurtures Change-Oriented Employees: Relationship between High-Commitment Work Systems and Employees’ Taking Charge Behaviors," Sustainability, MDPI, vol. 11(13), pages 1-15, June.
    13. Huang, Jin & Jin, Yong & Duan, Yang & She, Yanling, 2023. "Do Chinese firms speculate during high economic policy uncertainty? Evidence from wealth management products," International Review of Financial Analysis, Elsevier, vol. 87(C).
    14. Andrea Gamba & Nicola Fusari, 2009. "Valuing Modularity as a Real Option," Management Science, INFORMS, vol. 55(11), pages 1877-1896, November.
    15. Matevž Rasković & Barbara Mörec, 2012. "Organizational Change and Corporate Sustainability in an Economic Crisis: Evidence from Slovenia," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 522-536, June.
    16. Phebo D. Wibbens, 2023. "A formal framework for the RBV: Resource dynamics as a Markov process," Strategic Management Journal, Wiley Blackwell, vol. 44(6), pages 1562-1586, June.
    17. Peter J. Buckley, 2016. "Historical Research Approaches to the Analysis of Internationalisation," Management International Review, Springer, vol. 56(6), pages 879-900, December.
    18. Arvids A. Ziedonis, 2007. "Real Options in Technology Licensing," Management Science, INFORMS, vol. 53(10), pages 1618-1633, October.
    19. Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
    20. Ergün Kara & Melda Akbaba & Emre Yakut & Makbule Hürmet Çetinel & Mehmet Mert Pasli, 2023. "The Mediating Effect of Green Human Resources Management on the Relationship between Organizational Sustainability and Innovative Behavior: An Application in Turkey," Sustainability, MDPI, vol. 15(3), pages 1-16, January.

    More about this item

    Keywords

    sustainable human resource management; human resource management; human resource risks;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tuz:journl:v:20:y:2022:i:2:p:65-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Senad Celikovic (email available below). General contact details of provider: https://edirc.repec.org/data/efutzba.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.