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Scientific Innovation in Asia

Volume 2, 2024 - Issue 1

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Vol. 3 (2025)
Vol. 2 (2024)
Vol. 1 (2023)
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Open Access Journal Article

Human Resource Investment Decisions and Financial Performance: A Case Analysis of Singaporean Companies

by Yongqi Zhang 1
1
National University of Singapore
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Author to whom correspondence should be addressed.
SIA  2024 2(1):23; https://doi.org/10.12410/sia0201007
Received: 1 October 2024 / Accepted: 12 November 2024 / Published Online: 27 November 2024
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Abstract

This paper explores the relationship between human resource (HR) investment decisions and financial performance in Singaporean companies, with a focus on real-world case studies. By analyzing the HR strategies of three prominent companies—Singtel, DBS Bank, and Singapore Airlines—the study highlights how HR investments in leadership development, employee well-being, and talent management contribute to financial success. The paper adopts a qualitative approach, utilizing company reports and public data to assess the impact of these HR practices. Key findings demonstrate that strategic HR investments aligned with organizational goals improve productivity, profitability, and resilience in the face of external challenges. The research also discusses the importance of measuring HR’s return on investment (ROI) and calls for a closer partnership between HR and finance departments. While econometrics is mentioned as a potential tool for future research, this paper relies on qualitative insights to provide actionable recommendations for companies looking to enhance their HR strategies. The study concludes by emphasizing the need for flexible, data-driven HR policies and further empirical research to strengthen the understanding of HR’s role in organizational financial performance.

Keywords: Human Resource Investment; Financial Performance; Leadership Development; Employee Well-being; Talent Management; Return on Investment (ROI); Digital Transformation; Workforce Resilience;
Copyright: © 2024 by Zhang. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Zhang, Y. Human Resource Investment Decisions and Financial Performance: A Case Analysis of Singaporean Companies. Scientific Innovation in Asia, 2024, 2, 23. doi:10.12410/sia0201007
AMA Style
Zhang Y. Human Resource Investment Decisions and Financial Performance: A Case Analysis of Singaporean Companies. Scientific Innovation in Asia; 2024, 2(1):23. doi:10.12410/sia0201007
Chicago/Turabian Style
Zhang, Yongqi 2024. "Human Resource Investment Decisions and Financial Performance: A Case Analysis of Singaporean Companies" Scientific Innovation in Asia 2, no.1:23. doi:10.12410/sia0201007

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