Are the HR responses of small firms different from large firms in times of recession

By Y. Lai, George Saridakis, R. Blackburn, Stewart Johnstone. 2016

182 citations recorded by the source corpus.

This paper uses British large scale survey data to examine the extent to which the recent financial crisis has affected firms' operational activity, and whether or not the existence of human resource (HR) practices have influenced firms' response to recession and workers' job experience. Our findings suggest that SMEs are more vulnerable during times of economic hardship than larger firms, but those with HR practices have shown more resilience to the downturn. Also, we find that having HR practices increases the likelihood of the firm to adopt organisational measures although the response to recession differs significantly between smaller and larger firms. Finally the results indicate differences in workers' job experience during the recession which is moderated by high and low levels of management formality.

Subfields: Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/7c42de7cfb5c4351ee04971757f63ca44aea0184

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In Economics and Econometrics

1. Anastasiia Laskovaia
2. Stefan Korber
3. G. Shirokova
4. Rod B. McNaughton
5. W. Wales
6. Louis D. Marino

Citations in the corpus

• Expect the unexpected: examining the shaping role of entrepreneurial orientation on causal and effectual decision-making logic during economic crisis (2018, background): “This is likely to be especially important for resource- constrained SMEs during times of economic downturn (Lai et al. 2016).”
• Resilience and entrepreneurship: a systematic literature review (2017, background): “…et al. (2016), Purcell and Scheyvens (2015), Sköld and Tillmar (2015) (3) Alonso (2015, 2016), Angeles (1999), Golgeci and Ponomarov (2013), Lai et al. (2016), McInnis-Bowers et al. (2017), Randall et al. (2014), Reinmoeller and Van Baardwijk (2005), Ruiz-Mallen et al. (2017), Sabatino…”