Title: A mediation model linking business strategies, human resource management, psychological contract, and organisational performance

Authors: Anastasia A. Katou

Addresses: Department of Marketing and Operations Management, University of Macedonia, 156 Egnatia Street, P.O. Box 1591, 540 06 Thessaloniki, Greece

Abstract: The purpose of this paper is to investigate the impact of HRM policies and psychological contract on organisational performance. The study is based on a national sample of 177 organisations from the private and public sectors in Greece, and on data obtained from 912 employees. The statistical method employed is structural equation modelling. The findings of the study suggest that employee promises partially mediate the relationship between HRM policies and organisational performance, and fully mediate the relationship between employer promises and organisational performance. Furthermore, it suggests that the impact of employer promises on organisational performance is much greater than that impact of HRM policies.

Keywords: HRM policies; psychological contract; organisational performance; Greece; mediation models; business strategies; human resource management; psychological contract; structural equation modelling.

DOI: 10.1504/IJHRDM.2011.041115

International Journal of Human Resources Development and Management, 2011 Vol.11 No.1, pp.51 - 67

Accepted: 01 Sep 2010
Published online: 29 Oct 2014 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article