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Theoretical Perspectives for Strategic Human Resource Management

Patrick M. Wright

Gary C. McMahan

Texas A&M University

Critics have argued that the field of human resource management (HRM) lacks a coherent theoreticalframework. This article attempts to further the theoretical development of SHRM through discussing six theoretical models (behavioral perspective, cybernetic models, agencyltransaction cost theory, resource-based view of the firm, power/resource dependence models, and institutional theory) that are usefulfor understanding both strategic and non-strategic determinants of HR practices. Finally, the implications of a stronger theoretical approach to SHRM research and practice are discussed.

Journal of Management, Vol. 18, No. 2, 295-320 (1992)
DOI: 10.1177/014920639201800205
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