Scholarly record
THE IMPACT OF SUSTAINABLE HUMAN CAPITAL MANAGEMENT ON ORGANISATIONAL SUSTAINABILITY
Abstract
Sustainable human capital management and green human resource management have become the trend words in business management in recent years. It cannot be denied that human resource management has become one of the leading management functions in organisations at all levels, working on the development of the organisation's most valuable resource, human resources. Consequently, the importance of human capital management and a more strategic approach focusing on the development of employees' knowledge, skills and innovation in order to increase the value of the organisation and ensure its sustainable development are on the rise. This article analyses the results of a study on the impact of sustainable human capital management on organisational sustainability, with a focus on employee development, well-being and innovation. The study used a mixed research method, combining a quantitative survey with the participation of employees from manufacturing companies in different sectors and focus group discussions with human resource managers. Sustainability indicators including employee retention, productivity and social responsibility engagement were analysed using regression analysis. The results show a positive correlation between sustainable human capital management practices and organisational sustainability. Organisations that prioritise continuous learning, fair work pay and employee well-being demonstrate higher long-term development and sustainability. Management commitment and an inclusive company culture were identified as key factors. The survey data shows that resistance to change and financial constraints in implementing sustainable human capital management principles were identified as major challenges. Organisations that invest in human capital over the long-term gain advantages in terms of employee engagement, innovation and business sustainability. The findings of the study will be used in the next stages of the study.
Publication Impact Profile
- Captures
- Mendeley - Readers: 11
Publication details
References15
Arefieva O., Polous O., Arefiev S., Tytykalo V., Kwilinski A. (2020) Managing sustainable development by Human capital reproduction in the system of company�s organizational behavior. DOI: 10.1088/1755-1315/628/1/012039. Available: https://iopscience.iop.org/article/
Barney J. B., Clark D. N. (2007) Resource-based Theory: Creating and Sustaining Competitive Advantage. Oxford University Press. Available: https://books.google.lv/books?hlresource+based+theory+(Barney,+1991&ots DOI: 10.1093/oso/9780199277681.001.0001
Clark R. S., Vicsi L., Clark P. (2022) The use of mixed methods to advance positive psychology: A methodological review. International Journal of Wellbeing, 12(3), 35-55. DOI: 10.5502/ijw.v12i3.2017. Available:
Deming D. (2022) Four Facts about Human Capital. Journal of Economic Perspectives. DOI: 10.1257/jep.36.3.75 Available: https://www.aeaweb.org/articles? https://doi.org/10.3386/w30149
Drabek J., Lorincova S., Javorcikova J. (2017) Investing in Human Capital as a Key Factor for the Development of Enterprises. IN: Issues of Human Resource Management; DOI: 10.5772/67741. Available: https://www.intechopen.com/54434
Ghasempour A., Yusof M. A. M. (2014) Quality of Intellectual Capital and Human Resources Disclosure on the Firm Valuation. DOI: 10.4236/ojacct.2014.32007. Available:
Global Sustainable Development Report, 2023. The United Nations. Available: https://sdgs.un.org/gsdr/gsdr2023
Hitka M., Kucharcikova A., Starchon P., Balazova Z., Lukac M., Stacho Z. (2019) Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management. DOI: 10.3390/su11184985. Available: https://www.mdpi.com/ 2071- 1050/11/ 18/4985
Inkinen H. (2015). Review of empirical research on intellectual capital and firm performance. DOI: doi.org/DOI: 10.1108/JIC-01-2015-0002. Available:
Key indicators of the labor force survey in Latvia, 2024. CSB. Available: https://stat.gov.lv/lv/statistikas-temas/darbs/nodarbinatiba/
Lonska J., Mietule I., Litavniece L., Arbidane I., Vanadzins, I., Matisane I., Paegle L. (2021) Work-Life Balance of the Employed Population during the Emergency Situation of COVID-19 in Latvia. DOI: 10.3389/fpsyg.2021.682459 Available:
Lopez-Cabrales A., Valle-Cabrera R. (2019) Sustainable HRM strategies and employment relationships as drivers of the triple bottom line. DOI: 10.1016/j.hrmr.2019.100689. Available: https://doi.org/10.1016/j.hrmr.2019100689
Osranek R., Zink K.J. (2014) Corporate Human Capital and Social Sustainability of Human Resources. Available: https:// springer.com//DOI: 10.1007/978-3-642-37524-8_5
Ren S., Tang G., Jackson S. E. (2028) Green human resource management research in emergence: a review and future directions. DOI:/DOI: 10.7282/t3-37yz-nx14. Available:
Slaus I., Jacobs G. (2011) Human Capital and Sustainability. DOI: 10.3390/su3010097. Available: https://www.mdpi.com/20711050/3/1/97
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.