“…Over the years, existing literature has highlighted that a firm's human capital should be successfully managed given that it yields positive implications such as increased competitiveness, greater profitability, and enhanced sustainability (Abbasinezhad, 2017). Applying the resource-based theory, earlier studies proposed that firms will benefit from employing strategic human resources management (SHRM), or the act of developing appropriate human resource management (HRM) guidelines and processes according to the firm's overall strategies (Ahmad et al, 2016;Guillen, 2022). Also defined as a collective of practices that include performance appraisals, remuneration structures, and training and development (Avdeeva et al, 2019;Guillen, 2023), SHRM has been proven to boost performance at individual and organizational levels, across different regions (Byrne et al, 2016).…”