| 英文摘要 |
This study investigates the differential impacts of Human Resource Management (HRM) activities on the individual and organizational performance of condominium affairs managers in Taiwan, from an integrated perspective of transaction cost and psychological contract theories. Employing PLS-SEM analysis on data from managers in Taiwan’s six special municipalities, key findings are: First, management modes with higher property management company involvement exhibit stronger HRM activities. Second, HRM significantly reduces employees’personal labor and transaction costs while enhancing both relational and transactional psychological contracts. Third, increased personal labor costs decrease relational psychological contracts and organizational performance but unexpectedly enhance perceived individual performance; increased personal transaction costs reduce both psychological contract types. Both relational and transactional psychological contracts positively influence individual and organizational performance. Fourth, personal labor costs, transaction costs, and psychological contracts play crucial mediating roles between HRM and performance. Notably, the direct impact of individual performance on organizational performance was non-significant. This finding is central to this study, highlighting the potential for a“divergence”between individual and organizational performance within the unique context of condominium management. This study fills a literature gap in this domain, with results indicating that HRM primarily enhances both performance types indirectly by reducing costs and strengthening contracts. |