ABSTRACT
P. M. Wright and his colleagues examined multiple HR practices and autonomous business units within the same company and explored the relationships between HR practices and past, concurrent, and subsequent measures of operational and financial performance and organizational performance. Conducting experimental field research to test the validity of the Cube One framework requires a high level of commitment. Organizations would need to be randomly assigned to treatment and control groups. Small sample size can impede finding clear-cut evidence of causal priority with cross-lagged panel analyses. The criterion variable was the capitalized market value of each company. Although many factors affect this metric, including the amount of debt and financial leverage, it is indisputably an objective indicator, reflecting the judgments of investors as to company value.
