The Relationship between Human Resources Management and Non-financial Performance of Quoted Food and Beverages Companies in Nigeria: The Moderating Role of Organizational Culture

Abstract

Due to unclear and unpredictable definition of organizational culture, business performance and human resources management practices in Nigeria, most food and beverages firms have no sustainable basis for creating and maintaining a competitive advantage, firm performance and development in the industry where they operate and are unable to achieve targeted performance. This makes it necessary for the HRM department to play a crucial role to manage their employees together with the welfare of the organization. The main purpose of the study is to investigate the relationship between human resources management (HRM) and non-financial performance (NFP) with moderating role of organizational culture. Hypothesis was developed considering five key HRM practices and NFP and subsequently testing based on data from 5 quoted selected food and beverages companies in Nigeria. The findings using hierarchical regression analysis revealed that human resources management and organizational culture have significant effect on non-financial performance (F = 854.526, p < 0.05). Organizational culture had no significant moderating effect on the relationship between human resource and non-financial performance in Nigeria (∆R² = 0.001; ∆F = 1.894; p >0.05).  The study recommended that the management of Food and beverages companies in Nigeria should create a supportive culture in the organization as such will help the employees to put in their best towards enhancing firm performance.