Corporate Diversification and Firm Performance: The Moderating Roles of Organizational Promotion Policy and Career Management Practices

• Main Authors: Yu-Ting Lin, 林郁婷
• Other Authors: Nien-Chi Liu
• Format: Others
• Language: en_US
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/62716471927685282739

碩士 === 國立中央大學 === 人力資源管理研究所 === 103 === Nowadays, diversification has become a common choice of corporate strategy; however its effect on firm performance is complex and there is no one consensus on the effect in previous articles. Some say the diversification effect on firm performance is positive; others say it is negative; and still others say it has no relationship with firm performance. In this study, we intend to find out how the diversification affect firm performance in Taiwanese companies and how the HRM practices coordinate the effect. By using both archival and survey data, we examine three hypotheses of the issues above, though results do not support our notions, they still explain the present status of Taiwanese companies encounter. The results indicate that diversification effect is negative in Taiwanese companies and this sustains the perspective that Taiwanese companies tend to choose unrelated diversification rather than related one. Also, the coordination effect of career management practice would decrease the effect of diversification on firm performance and the coordination effect of organizational promotion policy has no clear influence. We explained the possible reasons that induce the results above and proposed some managerial suggestions. The paper concludes with a set of recommendations for future research.