Asian Journal of Management
  • Year: 2018
  • Volume: 9
  • Issue: 1

High Performance Work System and Social Exchange Theory-Exploring Mediating Effect in Indian Insurance Industry

Assistant Professor, Department of Business Administration, Chaudhary Devi Lal University, Sirsa, Haryana, India

*Corresponding Author E-mail: amitgju1@gmail.com

Online published on 2 June, 2018.

Abstract

High Performance Work System has strong influence over organizational performance but exact mechanism through which impact of HPWS transcends to organizational performance is still under investigation. The present study tends to explore mediating effect of social exchange theory amid relationship between High Performance Work System and organizational performance. Mediation analysis is explored with the help of two methods i.e. mechanism designed by Baron and Kenny (1986) and through Structural Equation Modeling. Paper concludes partial mediation effect of social exchange theory. Practical significance, limitations and scope for future research have also been discussed.

Keywords

High Performance Work System, Social exchange theory, Organizational performance