1 Citation (Scopus)

Abstract

This research aims to analyze whether Human Resource (HR) disclosure relates to the competitive success that proxied by firms performance and bankruptcy risk. This research uses 400 observations of 234 firms listed in Indonesian Stock Exchange (IDX) from 2014 to 2015. The analysis technique used in this research is Ordinary Least Square Regression analysis model processed with STATA 14.0 software. First, the results show positive associations between HR disclosure and firm performance. Further analysis from subsamples shows that larger firms with higher disclosure on HR are more likely to have better future performance than smaller firms. The next finding shows that firms with higher bankruptcy risk are more likely to have a lower level of HR disclosure. Interestingly, the authors find that firms with high and low bankruptcy risk have opposite disclosure behavior. For the investor, human resource disclosure can be one of the indicators of firms’ characteristics for an investment decision. This study provides new insight into the effect of the firms’ human resource disclosure as we believe there is no prior study that investigates the relationships between future performance and bankruptcy risk, especially in the Indonesian context.

Original languageEnglish
Pages (from-to)158-172
Number of pages15
JournalPolish Journal of Management Studies
Volume21
Issue number1
DOIs
Publication statusPublished - 2020

Keywords

  • Bankruptcy risk
  • Competitive Success
  • Firm performance
  • Human resource disclosure
  • Management Strategy

Fingerprint

Dive into the research topics of 'Human resource disclosures as management strategy to enhance its competitive success'. Together they form a unique fingerprint.

Cite this