Abstract:
The strategic importance of human resources (HR) and their contribution to the
organizational performance are receiving increasing recognition worldwide. In this
study, we examined strategic human resource management (SHRM) and HR practices
in Turkey to assess the impact of these practices on financial/market performance,
operational performance, job satisfaction, and turnover. Empirical results from a
sample of Turkey’s Top 500 firms-2007 demonstrate that SHRM and selection/
development practices have direct and positive effects on financial/market performance
and operational performance. However, only selection/development practices are
found to have a positive effect on turnover.
