Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh

Tawhida Khatoon; Muhammad Ruhul Amin; Md. Moyazzem Hossain

doi:doi:10.11648/j.ijefm.20130103.14

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Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh

Tawhida Khatoon, Muhammad Ruhul Amin, Md. Moyazzem Hossain

Published in International Journal of Economics, Finance and Management Sciences (Volume 1, Issue 3)

Received: 19 June 2013 Published: 10 July 2013

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Abstract

Formulation and execution of Strategic Human Resource Management (SHRM) practices and its effect on perceived financial performance of any organization is a burning issue in the globalized competitive business era. This study aims to find out the relationship between SHRM and financial performance to ensure the sustainability and competitive advantage of the selected scheduled private commercial banks in Bangladesh. The research has been conducted on managers as sample of some private commercial banks during the period of January to November 2012 to collect the primary data. To evaluate the financial performance researchers have used annual reports of 2011 and 2012, journals, web sites etc. as secondary source. Survey research findings indicate that strategic integration and development of HRM were practiced to a full extent in the sampled firms. From the cross sectional analysis, the financial performance indicators show that the capital adequacy was mostly at satisfactory level compared with eh industry average. The quality of assets loan varies from bank to bank but most of them are performing at the desired level. Management efficiency was out-performing the standard in most of the cases. The profitability indicators ratio was also better than the average of private commercial banks. The result presented in this study suggests practicing intensive SHRM so that improved financial performance can be asserted to sustain in the competitive environment.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 1, Issue 3)
DOI	10.11648/j.ijefm.20130103.14
Page(s)	151-158
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2013. Published by Science Publishing Group

Keywords

SHRM, Financial Performance, Private Commercial Banks, Bangladesh

References

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Tawhida Khatoon, Muhammad Ruhul Amin, Md. Moyazzem Hossain. (2013). Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. International Journal of Economics, Finance and Management Sciences, 1(3), 151-158. https://doi.org/10.11648/j.ijefm.20130103.14

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ACS Style

Tawhida Khatoon; Muhammad Ruhul Amin; Md. Moyazzem Hossain. Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. Int. J. Econ. Finance Manag. Sci. 2013, 1(3), 151-158. doi: 10.11648/j.ijefm.20130103.14

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AMA Style

Tawhida Khatoon, Muhammad Ruhul Amin, Md. Moyazzem Hossain. Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. Int J Econ Finance Manag Sci. 2013;1(3):151-158. doi: 10.11648/j.ijefm.20130103.14

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@article{10.11648/j.ijefm.20130103.14,
  author = {Tawhida Khatoon and Muhammad Ruhul Amin and Md. Moyazzem Hossain},
  title = {Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {1},
  number = {3},
  pages = {151-158},
  doi = {10.11648/j.ijefm.20130103.14},
  url = {https://doi.org/10.11648/j.ijefm.20130103.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20130103.14},
  abstract = {Formulation and execution of Strategic Human Resource Management (SHRM) practices and its effect on perceived financial performance of any organization is a burning issue in the globalized competitive business era. This study aims to find out the relationship between SHRM and financial performance to ensure the sustainability and competitive advantage of the selected scheduled private commercial banks in Bangladesh. The research has been conducted on managers as sample of some private commercial banks during the period of January to November 2012 to collect the primary data. To evaluate the financial performance researchers have used annual reports of 2011 and 2012, journals, web sites etc. as secondary source. Survey research findings indicate that strategic integration and development of HRM were practiced to a full extent in the sampled firms. From the cross sectional analysis, the financial performance indicators show that the capital adequacy was mostly at satisfactory level compared with eh industry average. The quality of assets loan varies from bank to bank but most of them are performing at the desired level. Management efficiency was out-performing the standard in most of the cases. The profitability indicators ratio was also better than the average of private commercial banks. The result presented in this study suggests practicing intensive SHRM so that improved financial performance can be asserted to sustain in the competitive environment.},
 year = {2013}
}

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TY  - JOUR
T1  - Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh
AU  - Tawhida Khatoon
AU  - Muhammad Ruhul Amin
AU  - Md. Moyazzem Hossain
Y1  - 2013/07/10
PY  - 2013
N1  - https://doi.org/10.11648/j.ijefm.20130103.14
DO  - 10.11648/j.ijefm.20130103.14
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 151
EP  - 158
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20130103.14
AB  - Formulation and execution of Strategic Human Resource Management (SHRM) practices and its effect on perceived financial performance of any organization is a burning issue in the globalized competitive business era. This study aims to find out the relationship between SHRM and financial performance to ensure the sustainability and competitive advantage of the selected scheduled private commercial banks in Bangladesh. The research has been conducted on managers as sample of some private commercial banks during the period of January to November 2012 to collect the primary data. To evaluate the financial performance researchers have used annual reports of 2011 and 2012, journals, web sites etc. as secondary source. Survey research findings indicate that strategic integration and development of HRM were practiced to a full extent in the sampled firms. From the cross sectional analysis, the financial performance indicators show that the capital adequacy was mostly at satisfactory level compared with eh industry average. The quality of assets loan varies from bank to bank but most of them are performing at the desired level. Management efficiency was out-performing the standard in most of the cases. The profitability indicators ratio was also better than the average of private commercial banks. The result presented in this study suggests practicing intensive SHRM so that improved financial performance can be asserted to sustain in the competitive environment.
VL  - 1
IS  - 3
ER  -

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Author Information

Tawhida Khatoon

Department of Finance, Faculty of Business, BUBT, Dhaka, Bangladesh
Muhammad Ruhul Amin

Department of Management, Faculty of Business, BUBT, Dhaka, Bangladesh
Md. Moyazzem Hossain

Department of Statistics, Islamic University, Kushtia, Bangladesh

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APA Style

Tawhida Khatoon, Muhammad Ruhul Amin, Md. Moyazzem Hossain. (2013). Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. International Journal of Economics, Finance and Management Sciences, 1(3), 151-158. https://doi.org/10.11648/j.ijefm.20130103.14

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ACS Style

Tawhida Khatoon; Muhammad Ruhul Amin; Md. Moyazzem Hossain. Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. Int. J. Econ. Finance Manag. Sci. 2013, 1(3), 151-158. doi: 10.11648/j.ijefm.20130103.14

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AMA Style

Tawhida Khatoon, Muhammad Ruhul Amin, Md. Moyazzem Hossain. Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh. Int J Econ Finance Manag Sci. 2013;1(3):151-158. doi: 10.11648/j.ijefm.20130103.14

Copy | Download

@article{10.11648/j.ijefm.20130103.14,
  author = {Tawhida Khatoon and Muhammad Ruhul Amin and Md. Moyazzem Hossain},
  title = {Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {1},
  number = {3},
  pages = {151-158},
  doi = {10.11648/j.ijefm.20130103.14},
  url = {https://doi.org/10.11648/j.ijefm.20130103.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20130103.14},
  abstract = {Formulation and execution of Strategic Human Resource Management (SHRM) practices and its effect on perceived financial performance of any organization is a burning issue in the globalized competitive business era. This study aims to find out the relationship between SHRM and financial performance to ensure the sustainability and competitive advantage of the selected scheduled private commercial banks in Bangladesh. The research has been conducted on managers as sample of some private commercial banks during the period of January to November 2012 to collect the primary data. To evaluate the financial performance researchers have used annual reports of 2011 and 2012, journals, web sites etc. as secondary source. Survey research findings indicate that strategic integration and development of HRM were practiced to a full extent in the sampled firms. From the cross sectional analysis, the financial performance indicators show that the capital adequacy was mostly at satisfactory level compared with eh industry average. The quality of assets loan varies from bank to bank but most of them are performing at the desired level. Management efficiency was out-performing the standard in most of the cases. The profitability indicators ratio was also better than the average of private commercial banks. The result presented in this study suggests practicing intensive SHRM so that improved financial performance can be asserted to sustain in the competitive environment.},
 year = {2013}
}

Copy | Download

TY  - JOUR
T1  - Strategic Human Resource Management (SHRM) Practices and Its Effect on Financial Performance: Evidence from Some Selected Scheduled Private Commercial Banks in Bangladesh
AU  - Tawhida Khatoon
AU  - Muhammad Ruhul Amin
AU  - Md. Moyazzem Hossain
Y1  - 2013/07/10
PY  - 2013
N1  - https://doi.org/10.11648/j.ijefm.20130103.14
DO  - 10.11648/j.ijefm.20130103.14
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 151
EP  - 158
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20130103.14
AB  - Formulation and execution of Strategic Human Resource Management (SHRM) practices and its effect on perceived financial performance of any organization is a burning issue in the globalized competitive business era. This study aims to find out the relationship between SHRM and financial performance to ensure the sustainability and competitive advantage of the selected scheduled private commercial banks in Bangladesh. The research has been conducted on managers as sample of some private commercial banks during the period of January to November 2012 to collect the primary data. To evaluate the financial performance researchers have used annual reports of 2011 and 2012, journals, web sites etc. as secondary source. Survey research findings indicate that strategic integration and development of HRM were practiced to a full extent in the sampled firms. From the cross sectional analysis, the financial performance indicators show that the capital adequacy was mostly at satisfactory level compared with eh industry average. The quality of assets loan varies from bank to bank but most of them are performing at the desired level. Management efficiency was out-performing the standard in most of the cases. The profitability indicators ratio was also better than the average of private commercial banks. The result presented in this study suggests practicing intensive SHRM so that improved financial performance can be asserted to sustain in the competitive environment.
VL  - 1
IS  - 3
ER  -

Copy | Download