Abstract
Human capital is a widely discussed phenomenon in the area of human resource management. However, employee-based human capital, which is strongly associated with firm performance, is still not empirically measured in most studies. The present study investigates the role of employee-based human capital on firm performance within the framework of the resource-based view (RBV). Employing a sample of 209 marble manufacturing units, the study confirms the validity of measurement models via CB-SEM. The findings show a strong coefficient of determination for the overall structural model. The regression weight for employee-based human capital in the prediction of firm performance is significant at the 0.001 level (one-tailed). The findings of the study have a number of key implications for academicians and HR practitioners. Limitations and future research directions research are also discussed
Noor Ul Hadi. (2020-2021) Does Employee-based Human Capital Breathe New Life into Business? Empirical Evidence from Pakistani Marble Manufacturing Sector, Pakistan Business Review, Volume 22, Issue 4.
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