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The Human Resource Executive Effect in Initial Public Offering Firms
CAHRS Working Paper Series
  • Theresa M. Welbourne, Cornell University
  • Linda A. Cyr, Harvard University
Publication Date
2-1-1999
Abstract
[Excerpt] There is much discussion about HRM becoming strategic, in part by hiring a senior HR executive. This study explores whether that recommendation can help entrepreneurial, growth-oriented companies. By applying organizational inertia concepts, we study whether having a senior HRM executive, reporting to the CEO, affects firm performance in a sample of initial public offering (IPO) firms. Results indicate that smaller and fast-growth IPOs experience the most gain from having a senior human resource executive.
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Suggested Citation
Welbourne, T. M. & Cyr, L. R. (1999). The human resource executive effect in initial public offering firms (CAHRS Working Paper #99-03). Ithaca, NY: Cornell University, School of Industrial and Labor Relations, Center for Advanced Human Resource Studies.
http://digitalcommons.ilr.cornell.edu/cahrswp/102
Citation Information
Theresa M. Welbourne and Linda A. Cyr. "The Human Resource Executive Effect in Initial Public Offering Firms" (1999)
Available at: http://works.bepress.com/theresa_welbourne/9/