文章基本信息

标题：The Effect of Labor Flexibility on Financial Performance in Korea: The Moderating Effect of Labor Relations Climate
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作者：Hyunmin Choe ; Yongwon Kim ; Sungok Moon 等
期刊名称：Sustainability
印刷版ISSN：2071-1050
出版年度：2022
卷号：14
期号：4
页码：2121
DOI：10.3390/su14042121
语种：English
出版社：MDPI, Open Access Journal
摘要：This study reveals the impact of labor flexibility (i.e., numerical flexibility, functional flexibility, financial flexibility, and time flexibility) on financial performance and the effect of labor relations climate that moderates the two. Numerical flexibility, functional flexibility, financial flexibility, and time flexibility were chosen as the independent variables, and firms’ net profit was selected as the dependent variable to test the hypotheses. Statistical analysis was conducted on 1482 workplaces, and the findings of the regression analysis are as follows. First, numerical flexibility and financial flexibility had a positive effect on net profit among different types of labor flexibility. Second, the labor relations climate had a positive moderating effect on numerical and financial flexibility. This study is critical because it individually tested the four types of labor flexibility and empirically studied the relationship between each type and outcome variables. A labor relations climate strengthens the relationship between labor flexibility and net profit. Therefore, in order to increase the net profit of a company, it is necessary to utilize appropriate numerical and financial flexibility, and it is important to create a good labor–management partnership.