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Does management development improve organizational performance? A six-country analysis of European firms

journal contribution
posted on 2023-06-07, 19:37 authored by Christopher Mabey, Matias RamirezMatias Ramirez
Management development (MD) is widely regarded as a key element in a strategic approach to human resource management, yet there is still little empirical evidence that it actually contributes significantly to superior firm performance. In a study of 179 European firms across six countries, organization size explained some variance in productivity. However, the degree of variance explained is considerably enhanced when variables are introduced which capture the way MD is conceived and implemented. Specifically, line manager perceptions of the importance given to MD distinguish high-from low-performing companies when measured against an objective measure of firm productivity derived from a financial database.

History

Publication status

  • Published

Journal

International Journal of Human Resource Management

ISSN

09585192

Issue

7

Volume

16

Page range

1067-1082

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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