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JCR Category: Business in ESCI edition

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2024) 1.3 Q3
Journal Citation IndicatorTM (2024) 0.26 Q4
Received: 2024-05-11  |  Accepted: 2024-06-29  |  Published: 2024-09-30

Title

Approaches towards human capital management in SMEs


Abstract

Human capital management (HCM) impacts enterprises and is a challenge for small and medium-sized enterprises (SMEs). The article aims to explain the essence of HCM and find out how SMEs perceive the concept of HCM and which activities they perform and consider necessary for the future. We used scientific methods such as content analysis, synthesis, induction, deduction, comparison, and modelling. In addition, Cronbach's alpha, descriptive statistics and chi-square test were calculated. The data we process are the result of a questionnaire survey from 2020 (682 subjects) and from 2021 (477 subjects). We found that SMEs in 2021 considered the HCM concept more relevant to their future. In 2020, up to 40.76% of SMEs in Slovakia still perceived employees only as costs. The positive impact of the HCM concept on the company's financial situation and competitiveness was also confirmed.


Keywords

human capital, human capital management, SMEs, financial performance, competitiveness


JEL classifications

J01 , J08 , J53


URI

http://jssidoi.org/jesi/article/1216


DOI


Pages

36-50


Funding

This article was supported by project Scientific Grant Agency of the Ministry of Education of the Slovak Republic VEGA 1/0273/22 Resource efficiency and value creation for economic entities in the sharing economy and by project Slovak Research and Development Agency APVV-20-0004 The Effect of an Increase in the Anthropometric Measurement of the Slovak Population on the Functional Properties of Furniture and the Business Processes, also by KEGA 012UCM-4/2022.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Štaffenová, Nikola
University of Žilina, Žilina, Slovakia https://www.uniza.sk
Articles by this author in: CrossRef |  Google Scholar

Kucharčíková, Alžbeta
University of Žilina, Žilina, Slovakia https://www.uniza.sk
Articles by this author in: CrossRef |  Google Scholar

Tokarčíková, Emese
University of Žilina, Žilina, Slovakia https://www.uniza.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

12


Number

1


Issue date

September 2024


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 856  |  PDF downloads: 424

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